The loan proceeds can be used for the following purposes:

• Inventory - Any expenses associated with purchasing or making products to be sold by the business.
  
  
• Expansion - Any expenses associated with a purchase intended to increase the size and/or profits of the business.
  
  
• Payroll - Funds used for paying employees.
  
  
• Working Capital - Any expenses associated with day-to-day costs of operating the business.
  
  
• Refinance Debt - Any expenses associated with paying off debts in the business’s name.