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If you’re sensible tech-savvy, then you may suppose this as one of the best businesses to begin in 2020. Invoice Phelan, co-founder and senior vice president of PayNet, a Skokie-based mostly company that tracks small enterprise business lending for the credit business, tasks that about 5% of PPP loans, or roughly $26 billion, might finally show fraudulent.
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In September, a Home subcommittee on the coronavirus disaster found that billions of dollars in PPP loans may have been diverted to fraud, waste and abuse” by way of lack of oversight from the SBA and the Treasury. We’ll routinely put up your comment and a link to the information story to your Fb timeline at the same time it’s posted on MailOnline.