Birdwatch Note Rating
2023-03-08 18:09:41 UTC - NOT_HELPFUL
Rated by Participant: 93E5F487D0765565DEAFD88613CD38087A841DC10C43CB2E5A59D140773F27C1
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