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The loan can be used to pay for most business expenses. For more information and details, see the SBA's site and this document from the Senate Small Business Committee. For more information and details, see the SBA's site and this document from the Senate Small Business Committee.
As a starting point, consider what these organizations say about some major types of records to keep and for what length of time: Per the Internal Revenue Service : The length of time you should keep a document depends on the action, expense, or event which the document records.
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