Birdwatch Note Rating
2023-06-08 14:47:32 UTC - HELPFUL
Rated by Participant: 3AB3EBC4032AB59B267F4BA919DA4F126A3ED7D584E31AE74171DA018460A2B9
Participant Details
Original Note:
PPP loans were meant to help small businesses keep people employed during the COVID-19 pandemic. The SBA and Treasury Department noted that these loans would be forgiven if they were used for payroll purposes. https://home.treasury.gov/system/files/136/PPP%20--%20Overview.pdf https://www.sba.gov/funding-programs/loans/covid-19-relief-options/paycheck-protection-program/ppp-loan-forgiveness Student loans are signed noting they normally must be repaid. https://en.wikipedia.org/wiki/Student_loans_in_the_United_States
All Note Details