In the a new study of Salary Safeguards System credit, scientists imagine that between ten percent and you will fifteen % regarding finance acknowledged during the Connecticut decided to go to borrowers who’s got been twice dipping or else bringing too much money throughout the recovery system – sometimes inadvertently, but others having fraudulent aims.
Congress integrated PPP as one of multiple rescue packages from the Coronavirus Support, Relief and you may Monetary Security Act as a way to keep anybody from unemployment pros, with loans become forgiven to possess firms that didn’t lay off staff for the COVID-19 pandemic. Continue reading More than several,100 Connecticut PPP financing was basically flagged getting questions