PPP Payroll Protection Program for S corp

can anyone with S corp apply for PPP loan as one of the key criteria is loosely defined like impacted by COVID. Of course everyone is somewhat impacted. Or business must be impacted heavily with loss of revenue etc. then only one can apply for this loan. Please advise.

 

I am a single owner S- corp ..not much impacted at this time but do not know about tomorrow as working as a contractor. Can I still apply for this loan and the worst-case bank can reject it..right?