Any funds received from the Tennessee Business Relief Program should be used to respond to the financial disruption resulting from COVID-19 and its effects on your business. Funds must not be used for payment of tax liabilities to a government agency. Businesses must also keep records regarding how the funds are spent.
By accepting funds, businesses acknowledge and agree that they are subject to potential audit or other verification by the State of Tennessee concerning the qualification for and use of these funds. Funds are subject to recapture by the State of Tennessee if payment requirements are not met.