Birdwatch Note Rating
2023-05-30 18:22:50 UTC - HELPFUL
Rated by Participant: 0796FF42D03EE3211AC01FE3B03ED35791FE0EA5894F408EAF65E29A3390F889
Participant Details
Original Note:
The PPP was an SBA-backed loan that helped businesses keep their workforce employed during the COVID-19 crisis. https://www.sba.gov/funding-programs/loans/covid-19-relief-options/paycheck-protection-program To be eligible for PPP loan forgiveness a business had to maintain employee and compensation levels and spent it on payroll costs and other eligible expenses. https://www.sba.gov/funding-programs/loans/covid-19-relief-options/paycheck-protection-program/ppp-loan-forgiveness
All Note Details