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.