S.B.A. Overpaid $4.5 Billion on ‘Illogical’ Small Business Grant Claims

It's rare these days for an 'SBA did a whoopsie' audit to surprise me, but the IG report today is jaw dropping

Nearly ONE QUARTER of $$$ in last year's $20B EIDL grants went to self-employed people who improperly claimed workers they probably didn't havehttps://t.co/msjvOVGR5T

— Stacy Cowley (@StacyCowley) October 7, 2021