@cgr You don't need to use PPP1 for eligible "FORGIVNESS" expenses to be able to apply for PPP2
Question: If a borrower received partial forgiveness of its First Draw PPP Loan, does
this make the borrower ineligible for a Second Draw PPP Loan?
Answer: If a borrower received partial forgiveness of its First Draw PPP Loan, the
borrower is eligible for a Second Draw PPP Loan as long as the borrower used the full
amount of its First Draw PPP Loan only for eligible expenses outlined in subsection
B.11.a.i.-xi of the consolidated interim final rule implementing updates to the PPP.