Tuesday - April 1, 2025
COVID-19 Relief: Improved Controls Needed for Referring Likely Fraud in SBA's Pandemic Loan Programs
March 24, 2025
WASHINGTON, March 24 (TNSrep) -- The Government Accountability Office issued the following report:

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COVID-19 Relief: Improved Controls Needed for Referring Likely Fraud in SBA's Pandemic Loan Programs

Fast Facts

The Small Business Administration made or guaranteed more than $1 trillion in loans and grants to over 10 million small businesses during the pandemic.

SBA used a four-step process for managing fraud risks in th . . .

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