Under Section 1112 of the CARES ACT, if SBA.GOV decides to make up to 6 months (could be less time), of your qualified monthly loan payments (principal, interest, associated fees) on a qualified loan (they are not referring to the 1st or 2nd PPP Loan, nor are they referring to the EDIL Loan).

The "fact" is if your loan is chosen for 1 to 6 months of payment relief, the monies paid on your behalf are non-taxable.

"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. In addition, Notice 2021-6, issued Jan. 19, waived Form 1099-MISC reporting requirements for these payments."

For more information:

https://www.journalofaccountancy.com/news/2021/feb/irs-corrected-information-return-form-1099-misc.h...

https://www.sba.gov/document/procedural-notice-5000-20041-further-guidance-implementation-section-11...