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What can I use the money for?

The PPP program was designed to be used for:

  • Payroll / salary costs
  • Employee Benefits (health insurance, retirement, etc)
  • Interest on mortgages, (if incurred before February 15, 2020)
  • Rent (if lease was signed before February 15, 2020)
  • Utilities (that were in service before February 15, 2020)
  • Operations costs such as software, cloud computing, and other human resources and accounting items
  • Covered property damage costs related to property damage due to public disturbances that occurred during 2020 that are not covered by insurance; and
  • Supplier costs with the same period in 2019.

Related Links

  1. Is there a credit check involved? What if I have bad credit?
  2. What can I use the money for?
  3. How long will this program last?

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