Birdwatch Note Rating
2023-03-01 12:22:13 UTC - HELPFUL
Rated by Participant: C240C3328521C9F6A1463CD7CED8217BC4217F6AB7DAED5807602828B1F1CBFB
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