Birdwatch Note Rating
2023-07-11 21:58:30 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 4CD6DC917599504FCBA3E3E26F5156A76DB3A2345AF4D1B6472633AC2A78C346
Participant Details
Original Note:
Matt Gaetz did not receive $482,321 in PPP loan forgiveness. He owned stock in a company that received loan forgiveness during the pandemic. https://www.reuters.com/article/factcheck-matt-gaetz-ppp/fact-check-company-affiliated-with-matt-gaetz-had-482321-in-ppp-loans-forgiven-idUSL1N34J23O https://apnews.com/article/fact-check-matt-gaetz-ppp-loan-forgiveness-940122862427 Loan forgiveness was if employee and compensation levels were maintained. It kept people earning during the pandemic shutdowns. https://www.sba.gov/funding-programs/loans/covid-19-relief-options/paycheck-protection-program/ppp-loan-forgiveness
All Note Details