U.S. Department of Treasury building in Washington, D.C. U.S. Department of Treasury building in Washington, D.C. (Source: Shutterstock)

As the Trump Administration reopens the Paycheck Protection Program for a new round of loans, the Small Business Administration's Inspector General warned this week that during the earlier round of PPP lending, more than 57,000 loans were approved for businesses that were on a Treasury Department "Do Not Pay" list.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.