pandemic loan

Pandemic Loan Relief Program Paid Out More Than $2B to Unqualified Borrowers: Federal Records

A pandemic loan relief program for small business owners has paid more than $2 billion to borrowers who never qualified for it in the first place, federal records show. The ...

March 23, 2023BY Isaac Teo
Businesses That Received Pandemic Relief Typically Small and Heavily Indebted: Federal Report

Businesses that borrowed from a federal relief program during the pandemic tended to be small and heavily indebted, ...

January 6, 2023BY Isaac Teo
Write-Off From Pandemic Loan Relief Program May Cost Canadian Taxpayers Billions

Canadian taxpayers may be on the hook for $2.4 billion due to a projected write-off of debts from ...

November 19, 2022BY Isaac Teo
Secret Service Recovers Over $1.4 Billion in Fraudulently Obtained Pandemic Loans

The U.S. Secret Service said on Aug. 26 that it has seized $286 million in fraudulently obtained pandemic ...

August 27, 2022BY Tom Ozimek