As of now, this does not include payroll costs such as systems and vendors, however, the government alleges that there will be some more information coming out in mid-May which will address payroll costs but as of now, this is not covered; 25% can go towards other bills (see below for more details).
Your loan won’t be forgiven if you use the loan amount for anything other than payroll and the bills over the 8 weeks after getting the loan. The 8 week period begins as soon as the money hits the account. The lender is required to make a disbursement within 10 calendar days of approval.
After 8 weeks of loan disbursement, I suggest reaching out to your lender above the forgiveness process. At this point, the SBA hasn’t outlined this explicitly so make sure to keep your ears open for any changes on this front.
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