Between February 15, 2020 and ending June 30, 2020, eligible recipients can use the proceeds from the loan for:
- payroll costs;
- costs related to the continuation of group health care benefits during periods; of paid sick, medical, or family leave, and insurance premiums;
- employee salaries, commission, or similar compensations;
- payments of interest on any mortgage obligation (excludes prepayment);
- rent (including rent under a lease agreement);
- utilities; and
- interest on any other debt obligation that were incurred before the period.