Birdwatch Note Rating
2024-04-12 23:15:37 UTC - NOT_HELPFUL
Rated by Participant: 7E68EF40AFD861244DF851C4B7E1B1542D7EE40CD3101B1E0D5EF4E99D03EB82
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