HOT TOPIC---TALK OF THE SOUND--COVID...AGAIN....WASHINGTON SENDS 562,000 SUSPECTED FRAUD LOANS TO TREASURY FOR COLLECTION

WASHINGTON, DC (October 30, 2023) — The U.S. Small Business Administration (SBA), alongside the White House Task Force to Eliminate Fraud, has referred 562,000 suspected fraudulent loans to the U.S. Department of Treasury for collection. The loans, totaling $22.2 billion, comprise delinquent Paycheck Protection Program (PPP) and COVID Economic Injury Disaster (EIDL) loans previously flagged...MORE AT Washington Sends 562,000 Suspected Fraud Loans to Treasury for Collection - Talk of the Sound