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available to support and grow microbusinesses, or businesses with five or fewer employees, <br />which are more likely to be owned by women and people of color. <br />Treasury Response: In the final rule, Treasury is maintaining and clarifying the <br />enumerated eligible uses of funds for assistance to small businesses that are impacted or <br />disproportionately impacted by the pandemic. <br />Impacted small businesses. Specifically, Treasury is maintaining enumerated eligible <br />uses from the interim final rule for assistance to impacted small businesses. These include but are <br />not limited to: <br />• Loans or grants to mitigate financial hardship such as declines in revenues or impacts of <br />periods of business closure, for example by supporting payroll and benefits costs, costs to <br />retain employees, mortgage, rent, or utilities costs, and other operating costs; <br />• Loans, grants, or in -kind assistance to implement COVID-19 prevention or mitigation <br />tactics (see section Public Health for details on these eligible uses); and <br />• Technical assistance, counseling, or other services to assist with business planning needs. <br />Treasury acknowledges a range of potential circumstances in which assisting small <br />businesses could be responsive to the negative economic impacts of COVID-19, including for <br />small businesses startups and microbusinesses and individuals seeking to start small or <br />microbusinesses. For example: <br />• As noted above, a recipient could assist small business startups or microbusinesses with <br />additional costs associated with COVID-19 mitigation tactics; see section Public Health <br />for details on these eligible uses. <br />• A recipient could identify and respond to a negative economic impact of COVID-19 on <br />new small business startups or microbusinesses; for example, if small business startups or <br />150 <br />