The difference in this downturn and the PPP is that prior downturns like in 2008 for example, the bailouts were limited to Banks and Publicly traded companies. They showered them with freshly printed cash and told independents good luck.
I was really happy to see this downturn under Trump and Steven Mnuchin's Treasury, they made sure to point the spigot at the independent business sector. JB putting Yellen, the former FED chair in charge of Treasury is a sign of a less Wall Street centric FED & Treasury moving forward and I think that is a really good thing. It's crazy how bad the left treats that man, but they jump right on his coattails and follow his lead.