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SBA IG: 'Guaranty Purchases for Paycheck Protection Program Loans'
August 27, 2024
WASHINGTON, Aug. 27 (TNSrep) -- The Small Business Administration Inspector General issued the following report (No. 24-20) on July 9, 2024, entitled "Guaranty Purchases for Paycheck Protection Program Loans."

Here are excerpts:

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EXECUTIVE SUMMARY

What OIG Reviewed

The Coronavirus Aid, Relief, and Economic Security (CARES) Act established the Paycheck Protection Program (PPP), an $813.7 billion program that provided . . .

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