Bird has denied it received a electric scooter company received between $5 million and $10 million under the government's Paycheck Protection Program in April. Both CNBC and The Verge found Bird in the data released Monday by the Trump administration as part of its , but Bird says it didn't go through with its loan application.to help it through . Its statements follow reports Monday that the
"Bird decided not to move forward with PPP b/c we felt like the money was more needed by small local businesses," Travis VanderZanden, founder of Bird, tweeted. "[We] didn't receive any loan money."
According to VanderZanden, Bird had begun an application with Citi "early on," but decided not to go through with it on April 23. "It looks like Citi started an application while they waited for our decision on whether to formally apply...They confirmed that the temp app. was cancelled that evening and never submitted."