Birdwatch Note Rating
2023-03-01 13:25:56 UTC - NOT_HELPFUL
Rated by Participant: C5E76BB95B8FF0094577723C8638E4545B2432D024E065E4B2D2DC946AD5D80C
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