Ppp Loan Arrests 2024 India. The sba is authorized to audit ppp loan borrowers' compliance with eligibility and other requirements, and has referred delinquent loans to the treasury department for. Find publicly available information on paycheck protection program (ppp) loans issued by the sba in 2020.

Countless arrests have been made regarding outstanding ppp loans and unemployment cases. The accused allegedly submitted fraudulent ppp loan applications, inflating payroll expenses by manipulating bank statements and tax forms.