Tag: economic injury disaster loan program

Marco Rubio: Details of the Suspected COVID-19 EIDL Fraud Recently Uncovered by the SBA...

Rubio, who chairs the U.S. Senate Small Business Committee, weighed in after the SBA Inspector General (IG) released “Management Alert: Report 20-16, Serious Concerns of Potential Fraud in EIDL Program Pertaining to the Response to COVID-19." The alert went to the SBA and Congress “warning of suspected fraudulent activity in the COVID-19 Economic Injury Disaster Loan (EIDL) program.”

Marco Rubio Wants Treasury, SBA to Offer More Data on the PPP

As Chairman and Ranking Member of the U.S. Senate Committee on Small Business and Entrepreneurship, and as two of the principal authors of the small business provisions in the CARES Act, we are writing to express our views on a number of implementation and oversight concerns with the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) and Emergency Grant programs.

Florida’s Unemployment Rate Dropped in January

On Monday, the Florida Department of Economic Opportunity (DEO) announced that the state unemployment rate hit a record low in January before coronavirus impacted the Sunshine State.