Birdwatch Note Rating
2023-03-01 12:56:49 UTC - HELPFUL
Rated by Participant: 954A8CC66AC4FA3A4CFC033F25E15874D49823952106D4BCBD7C25BD29D964BC
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