Birdwatch Note Rating
2023-03-01 17:36:25 UTC - NOT_HELPFUL
Rated by Participant: 2E5686F7FE6F2E5F04BDB8FBFD012AD5AC5208B0B50BCF485E9F0525F2DE5013
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