Last year, 15,000 economic disaster loans totaling $450 million were fraudulent.

[maestrob]

This figure documenting the results of the Trump administration's policy decision to scale back oversight over disbursement of relief funds has been researched by the Small Business Administration.

Here's the link to the SBA report:

https://www.sba.gov/sites/default/files ... 021-02.pdf

The Government Accountability Office flagged 896,000 errors by lenders that were not investigated by the Small Business Administration and cited problems with the oversight of loan approvals, follow-up reporting and the monitoring of contractors. The agency, now run by Biden appointees, recently responded with a proposal to revamp many, but not all, of its procedures.

https://www.nytimes.com/2021/05/13/us/p ... e=Homepage

That's our tax money!