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2021 High Risk Update: Emergency Loans for Small Businesses

Transcript
In March, Congress expanded eligibility for Economic Injury Disaster Loans in an effort to quickly help small businesses that were adversely affected by COVID-19. The Small Business Administration has since made or guaranteed about 15 million loans and grants totaling over $700 billion. GAO's Bill Shear discusses the risk of fraud and why we added these loans to our 2021 High Risk List.
Date: Mar 02, 2021
Runtime: 00:00:53
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High-Risk Series: Dedicated Leadership Needed to Address Limited Progress in Most High-Risk Areas
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