Is the EIDL Advance (grant) considered taxable income?

[KB1234561]

The CPA did not put my EIDL loan as income.  I think it should be counted as income.  This was a loan and not a Grant.  Please Advise.

[Mike9241]

do you have to repay the loan? if yes, then it's not income and you get no deduction for any repayments. 

per the SBA 

The repayment term will be determined by your ability to repay the loan.

[Abboushi]

This is from the CA FTB:

Does California follow the exclusion from gross income for Economic Injury Disaster Loan (EIDL) grants forgiven pursuant to the CARES Act or targeted EIDL advances and Shuttered Venue Operator (SVO) grants under the CAA?

Yes, for taxable years beginning on or after January 1, 2019, gross income does not include any EIDL grants under the CARES Act or targeted EIDL advances or SVO grants under the CAA.