Well...the government gave him the $$..pretty sure he didn't sign any contract as to what the funds could be used for.

"DUBLIN, Ga. -- Federal prosecutors say a Georgia man used a pandemic relief loan to buy a $57,000 Pokemon card.
Court records show a Dublin man is charged with lying on an application for a pandemic economic relief loan about the number of people his business employed and the company's gross revenue. He faces one count of wire fraud.
The court filing said he received $85,000 in August of last year, and used the money to buy a Pokemon card for $57,789."

https://abc7.com/pokemon-card-covid-loan/11183931/