Birdwatch Note Rating
2024-04-13 16:51:38 UTC - HELPFUL
Rated by Participant: C71D4A402227AEE9AB80525F199F46850DC5C756DEE94D10A8E0895904096230
Participant Details
Original Note:
PPP loans were intended to function as coronavirus relief for workers, structured as loans to businesses due to a need for speed, scale, and accountability PPP loans and student loans are critically different in that PPP loans were never intended to be repaid https://www.pandemicoversight.gov/data-interactive-tools/data-stories/how-many-paycheck-protection-program-loans-have-been-forgiven https://www.sba.gov/funding-programs/loans/covid-19-relief-options/paycheck-protection-program/ppp-loan-forgiveness
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