Birdwatch Note Rating
2023-03-01 16:00:06 UTC - HELPFUL
Rated by Participant: C8468270FD5B1F2819E50FA2F3E8106CF11A4BB406B7FF273A9905A260B2CCA3
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