Second White Paper: Risk Awareness and Lessons Learned from Audits and Inspections of Economic Injury Disaster Loans
… Supplemental Appropriations Act (CVPR Act) deemed COVID-19 a disaster and authorized SBA to provide EIDLs to businesses … $10 billion to SBA to provide emergency EIDLs. This is a significant increase compared to prior major disasters. For … in disaster loans to businesses and nonprofits. Only a portion of the business and nonprofit loans for these …