13 CFR 123.604 - How can my business spend my economic injury disaster loan under this subpart?
(a) You can only use the loan proceeds for working capital necessary to carry your concern until resumption of normal operations and for expenditures necessary to alleviate the specific economic injury, but not to exceed thatwhich the business could have provided had the injury not occurred.
(2) Make payments on loans owned by another federal agency (including SBA) or a Small Business Investment Company licensed under the Small Business Investment Act;
(3) Pay, directly or indirectly, any obligations resulting from a federal, state or local tax penalty as a result of negligence or fraud, or any non-tax criminal fine, civil fine, or penalty for non-compliance with a law, regulation, or order of a federal, state, regional, or local agency or similar matter;
Title 13 published on 2015-01-01.
No entries appear in the Federal Register after this date, for 13 CFR Part 123.