Birdwatch Note Rating
2023-03-01 12:52:10 UTC - NOT_HELPFUL
Rated by Participant: DAF4B9AD39304366BBA04695B48893580D696DF48269DA5E1BA6C23DDE4F6AE3
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