; (B) identify industry sectors for pri­or­i­ti­za­tion that have suffered uniquely and disproportionately from COVID–19; and (C) give priority to an applicant proposing to use grant funds for— (i) providing paid sick leave to employees unable to work due to the direct effects of COVID–19; (ii) maintaining payroll to retain employees during business disruptions or substantial slowdowns; (iii) making rent and mortgage payments; or (iv) repaying obligations that cannot be met due to revenue losses. (f) Procedures The Administrator shall establish procedures to discourage and prevent waste, fraud, and abuse by applicants and recipients of grants under this section. (g) Penalties for fraud and misapplication of funds Any applicant or recipient of a grant provided under this section shall be subject to all applicable provisions of Federal law, including section 1001 of title 18, United States Code, and the provisions of section 123.9 of title 13, Code of Federal Regulations, or any successor regulation, relating to the misapplication of loan proceeds shall apply to grants provided under this section to the same extent as if those grants were loans provided under section 7(b)(2) of the Small Business Act ( 15 U.S.C. 636(b)(2) ). (h) Inspector General audit Not later than 180 days after the date on which the Administrator begins to provide assistance under this section, the Inspector General of the Administration shall— (1) conduct an audit of grants made under this section, which shall identify any discrepancies or irregularities in the grants