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Over $200B in COVID-19 business loans paid to ‘potentially fraudulent actors’: watchdog estimates

Por: The Hill Politics June 28, 2023

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The Small Business Administration’s (SBA) oversight office released new findings, estimating that tens of billions of dollars disbursed by the agency through pandemic loans programs intended to help small businesses were paid to “potentially fraudulent actors.”  The SBA’s Office of Inspector General (OIG) said in a on Tuesday that the agency disbursed about $1.2 trillion in COVID-19 Economic Injury Disaster Loan (EIDL) and Paycheck... + full article



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