Yes, from the manufacturer
"SAW M249, a semi-automatic version of the M249 SAW light machinegun, was originally developed by FN Herstal as the FN MINIMI® and adopted by the U.S. Military in 1988. The rifle features the signature 20.5-inch FN cold hammer-forged, chrome-lined barrel and operates from a closed bolt position. Chambered in 5.56x45mm NATO, the rifle will accept both magazine and 200 round linked ammunition belt and offers a 4.0-6.5 pound trigger pull out-of-the-box."
"
Video and review here
https://fn57sale.com/product/saw-m249/

John, yes Sir. Capacity: 30rd mag or 200rd belt box capable. The M249S PARA is a semi-automatic version of the weapon optimized for airborne, armored infantry and close quarters combat (CQC) operations with a shorter barrel and collapsible butt stock. It retains all of the features of the M249S SAW and can be field-converted back to the standard model configuration in just 30 seconds.

YES, it TAKES regular M249 boxes/belts (M27 link). Check the review HERE ( youtube.com/watch?v=-1X_VxS13v8 ) I hope this helps!

Yes, M27 link belts and the boxes for them can be used.