Fed Analysis of Pandemic EIDL Loans: Up to $78B Could Be Fraud

The SBA issued Economic Injury Disaster Loans (EIDL) to small businesses in the early days of the pandemic, but a new federal analysis suggests that up to 37% of the money SBA doled out, about $78B, has red flags in borrower applications that hint at possible fraud. #floridacondotels #floridacondotelmortgage #floridacondotelfinancing