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.
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