Just posting this updated information from the IRS for reference.
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Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136, the SBA is authorized to pay six months of principal, interest, and fees on covered SBA loans. The Consolidated Appropriations Act, 2021, P.L. 116-260, provides that these payments are not includible in the borrower’s gross income
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https://www.journalofaccountancy.com/news/2021/feb/irs-corrected-information-return-form-1099-misc.h...
