U.S. pandemic relief program mistakenly paid $692 million in duplicate loans

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WASHINGTON (Reuters) - The U.S. Small Business Administration (SBA) mistakenly paid out $692 million in duplicate small-business pandemic relief loans because of technical errors and other mistakes, the agency’s internal watchdog said on Monday.

U.S. pandemic relief program mistakenly paid $692 million in duplicate loans: watchdog — Reuters

The U.S. Small Business Administration (SBA) mistakenly paid out $692 million in duplicate small-business pandemic relief loans because of technical errors and other mistakes, the agency's internal watchdog said on Monday.

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