U.S. Small Business Administration Statement on the House Select Subcommittee on the Coronavirus Crisis Report Concerning Fraud in the Paycheck Protection Program
… House Select Subcommittee report details serious problems of fraud and self-dealing by lenders and by companies who … In response to new revelations detailed in the report of possible fraud facilitated by third-party companies, the … actions announced today, SBA launched a full investigation of the lenders -- Benworth, Capital Plus, Celtic Bank, …