Audits Show Fraud Permeates Through Federal COVID-19 Relief ProgramsA pair of audits of the Small Business Administration that are about to be released find “significant evidence” the SBA approved hundreds of millions of taxpayer dollars in potentially fraudulent loans.
KPIX 5 Investigation Reveals Paycheck Protection Program Is Vulnerable To FraudThe national Paycheck Protection Program (PPP) has loaned half a trillion dollars to thousands of small businesses and some bigger ones since the start of the pandemic. There’s still more than $1 billion left to hand out. So what does it take to qualify? It turns out, for some applicants, not much.
Federal Small Business Relief Program Off To Rocky Restart Plagued With Computer SnagsThe second round of loan applications for the government’s small business relief program has been slowed by computer issues at the Small Business Administration.
Small Businesses Need Feds To Pass New $310 Billion COVID-19 Relief Deal To Stay AfloatCongress is trying to pass a $310 billion deal to help small businesses stay afloat during the coronavirus pandemic.