<p>Report Finds High Risk of PPP Program Fraud, Abuse</p>

Report Finds High Risk of PPP Program Fraud, Abuse

U.S. House of Representatives

House Select Subcommittee on the Coronavirus Crisis

An analysis of the Paycheck Protection Program found the program to be helpful to many businesses and nonprofits, but Treasury and the Small Business Administration should increase oversight and accountability to reduce its high risks of fraud, waste, and abuse, the House Select Subcommittee on the Coronavirus Crisis said in a September 1 report.

<p>An analysis of the Paycheck Protection Program found the program to be helpful to many businesses and nonprofits, but Treasury and the Small Business Administration should increase oversight and accountability to reduce its high risks of fraud, waste, and abuse, the House Select Subcommittee on the Coronavirus Crisis said in a September 1 report.</p>