Birdwatch Note Rating
2023-03-01 07:23:28 UTC - HELPFUL
Rated by Participant: 70BE28BFA8FE924D55794FA1837FE05C44385E5C1967E6AAFA249DDA12C1C1CE
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