Kiefer: PPP loan borrowers may face DOJ fraud investigations
The Congressional Select Subcommittee on the Coronavirus Crisis has estimated that there is “nearly $84 billion in potential fraud.”
J. Richard Kiefer
Articles
Kiefer: Responding to SBA PPP loan audits: What we’ve learned
The Small Business Administration has announced that it will audit all PPP loans of $2 million or more, and it may audit other loans as it deems appropriate. Audits began earlier this year and are expected to continue into next year.