Birdwatch Note Rating
2024-04-12 16:15:02 UTC - HELPFUL
Rated by Participant: 71DA36677F372804CCE4325C3A29520E15829EDA5F36854FFDD3B9F8F489E083
Participant Details
Original Note:
Loan forgiveness was a feature built into the Paycheck Protection Program (PPP) for businesses affected by COVID. https://www.sba.gov/funding-programs/loans/covid-19-relief-options/paycheck-protection-program/ppp-loan-forgiveness The CARES Act specifies the terms for PPP loans. Maintaining employee payroll during the COVID-19 pandemic lockdowns was a requirement for loan forgiveness. https://www.congress.gov/bill/116th-congress/senate-bill/3548/text#toc-id40c30dd4a08343e7b83eefd391b45c4e
All Note Details