Birdwatch Note Rating
2023-03-01 12:56:49 UTC - HELPFUL
Rated by Participant: 2849A83B8CE209089A7CFFA1B64904CBB32D9D4376E79093A067350FE7CC86C8
Participant Details
Original Note:
The PPP program has loan forgiveness only under specific circumstances. Employee and compensation levels are maintained, The loan proceeds are spent on payroll costs and other eligible expenses and at least 60% of the proceeds are spent on payroll costs. https://www.sba.gov/funding-programs/loans/covid-19-relief-options/paycheck-protection-program/ppp-loan-forgiveness
All Note Details