The intent of this grant is to reimburse business related commercial rent or lease expenses AND/OR expenses related to PPE business retrofits and supplies paid between March 1, 2020 and date of grant application.
Businesses MAY NOT use the funding for the following activities:
Any expense that would not be considered an eligible business expense by IRS rules.
Bonuses to owners or employees.
Gifts or parties
Draw or salary to owner that exceeded the amount that they were paid on a weekly or monthly basis for the same period in 2019.
Pay down or pay off debt by more than required in underlying debt instrument.