I am confused if the statement "$p$ implies $q$" logically equivalent to the statement "$p$ implies only $q$"?
Assuming that the two said statement is logically equivalent, then the truth value of the statement ...
"If $a^2=b$ and $b>0$, then $a=\sqrt{b}$."
... is false. Since a can be equal to $a=\sqrt{b}$ OR $a=-\sqrt{b}$, not only $a=\sqrt{b}$.