By Naveen Athrappully The Small Business Administration (SBA) has suspended 111,620 California borrowers suspected of committing fraudulent activity related to COVID-19 pandemic-era loan grants, the agency said in a Feb. 6 statement. The fraud involves the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) program. PPP, established under the Coronavirus Aid, Relief, […]
Tag: Pandemic
A pandemic is a disease epidemic that has spread across a large region, for instance multiple continents, or worldwide. A widespread endemic disease with a stable number of infected people is not a pandemic. Further, flu pandemics generally exclude recurrences of seasonal flu.
