First, you don’t know the nature of these businesses. Second, the PPP has a salary cap of 150k specifically to ensure that it doesn’t “support wealthy lifestyle”. Third, most companies, even law firms and physicians offices have a range of employees, most of which don’t generate any revenue. PPP covers their salary. Finally, do you want to let law firms and doctors go out of business? Are you ok with the economic impact of a wave of spending cuts and bankruptcies?
