Loan funds may be used to fund or reimburse an applicant's initial expenses, including start-up and operating costs. Eligible costs of the applicant may include:
(1) creation expenses, including election costs;
(2) salaries and payroll taxes;
(3) utilities;
(4) travel;
(5) insurance;
(6) building and office leases;
(7) office supplies and furniture;
(8) telephone and computer equipment; and
(9) legal and professional fees.
Source Note: The provisions of this §363.805 adopted to be effective April 28, 1999, 24 TexReg 3207