Birdwatch Note Rating
2023-03-01 17:51:30 UTC - HELPFUL
Rated by Participant: F5A4C749B2A3A25AAD274CFABDEB194EBABB1107B72737670ACBA2B1D9212B42
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