The federal government says Bird got at least a $5 million bailout loan, but the company denies it

Photo by Amelia Holowaty Krales / The Verge

Bird, the beleaguered e-scooter company, received a loan worth between $5 million and $10 million from the federal government’s Paycheck Protection Program (PPP) in late April. The company said in its application to the Treasury Department and the Small Business Association that the loan would help it retain 341 jobs. But less than a month before, Bird laid off over 400 employees, or about 30 percent of its staff.

But Bird contends that it should not be included in the government’s list. “Bird was erroneously listed as a company that filed for a PPP Loan,” a company spokesperson said. “We did not apply for nor did we receive a PPP Loan. We decided as a company not to file an application as we did not want to divert critical funding from…

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Tags: critical, tech

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