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EIDL information

EIDL Use, Let’s Review

05/18/2020 9:49AM EIDL USE RECAP:  You can use the loan for normal operating needs—accounts payable, payment on loans, operating expenses, etc.  You cannot use the funds to pay cash dividends or bonuses, or disbursements to owners (this doesn’t include normal paychecks to owners; those are ok).  You can’t use it to pay off other debt […]