SBA’s Use of Hold Codes for Potentially Fraudulent PPP Loans Referred by Lenders
… hold codes for potentially fraudulent Paycheck Protection Program (PPP) loans referred by lenders. Report 25-07 The … SBA’s Office of Credit Risk Management (OCRM) established a project for lenders to refer PPP loans suspected of fraud … activity because OCRM wanted to validate the referred loan information with lenders first and this delayed response …