Birdwatch Note Rating
2022-08-27 00:36:24 UTC - HELPFUL
Rated by Participant: BD8F32680BCE92BBBF812B9BFE39E5853F59572EA4594FEACBC2CAF646583F2D
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