That's the easy way to track it in accounting software.  But that's not proving the monies were used strictly for it.  We all can manipulate journal entries to make it look that way but say for example I get in $50,000 today. And later today I pay off my inventory vendors, my business loans, etc.  Next week I get in more revenue and then pay my payroll.  I actually used the funds for the wrong purpose but I posted in my books only the things that make it appear correct.  I'm really asking if anyone knows the actual SBA rules on this.  I have not seen a thing.