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News/Compliance & Enforcement/SBA Inspector General Raises Red Flag for COVID Relief Loans from Overseas Applicants
News·Compliance & Enforcement Brief

SBA Inspector General Raises Red Flag for COVID Relief Loans from Overseas Applicants

Millions of applications for Economic Injury Disaster Loans were submitted from foreign IP addresses in 2020 and 2021, and some of these applicants collectively received more than $1.3 billion in loans, grants, and advances.

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