Birdwatch Note Rating
2022-08-26 22:14:28 UTC - HELPFUL
Rated by Participant: ADB91A3245808E77E001C0573A3EDFB5CF54E507DE1B8AF91EBB0E562E144A46
Participant Details
Original Note:
The Paycheck Protection Program was for employees - by subsidizing payrolls, the Federal Government prevented layoff. Loan forgiveness was a central feature of PPP loans, and was built directly into the terms to ensure that the funds were used to pay employees. https://www.sba.gov/funding-programs/loans/covid-19-relief-options/paycheck-protection-program
All Note Details