Coronavirus-related Distribution scenario

[Gilmore]

Is the following possible?

401(k) plan allows for safe harbor hardship reasons, all sources, includes deferral earnings.

Business owner in the state of California has a reduction in business due to coronavirus related restrictions. 

Needs funds to keep the business going short-term and also owes bills on the building of his primary residence currently under construction.

Has $300,000 in 401(k) plan account, split between deferrals, and safe harbor contributions.

Is it possible for the business owner to take a covid19 related loan of $100,000, a covid19 related distribution of $100,000, and the remaining $100,000 in a regular hardship as the result of being in a FEMA declared disaster area?

Thank you.