This table offers general guidelines. Exceptions always exist, so if you contemplate using a specific loan for a permitted use, make sure you read the fine print in your loan term sheet.
This table offers general guidelines. Exceptions always exist, so if you contemplate using a specific loan for a permitted use, make sure you read the fine print in your loan term sheet. This table offers general guidelines. Exceptions always exist, so if you contemplate using a specific loan for a permitted use, make sure you read the fine print in your loan term sheet.

The table below shows the various possible uses of the major COVID-19 federal loans: Paycheck Protection Program (PPP), Emergency Injury Disaster Loan (EIDL), and the Main Street Loan Program (MSLP). Alongside each use, it indicates which loans permit it (Do) and which do not allow it (Don't).

For a more detailed discussion, see How To Spend Your PPP, EIDL, and MSLP Money.

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