09/21/2015
https://www.congress.gov...
"We need to protect the taxpayers against fraud. We want to make sure that the dollars are going to those small business entities that are truly deserving and need those resources."
"A critical commitment I received from Mr. Syed is to prioritize fraud detection and prevention, which is among the greatest obstacles facing the SBA."
"Fraud in ineligible firms were supposed to be flagged and recouped on the back end through the forgiveness process, yet the Biden administration has forgiven $754 billion, or 92 percent of all PPP loa..."
"I think the SBA Express, you have brought that up a few times now, and you said that you have the data to justify the underwriting through SBA Express."