Late Attempt to Clean Up Its PPP PR Mess

The Trump Admin’s Attempt to Clean Up Its PPP PR Mess Is Too Little, Too LateQ3 2020 hedge fund letters, conferences and moreWASHINGTON, D.C. – Amid a barrage of news from the Trump administration last Friday afternoon, new reports showed that the Small Business Administration (SBA) began sending “’loan necessity’ questionnaires” targeting companies and organizations that received Paycheck Protection Program (PPP) assistance of at least $2 million — an attempt to further examine loan recipients’ eligibility for the relief dollars in a program marred by widespread abuse, misuse, and fraud.The n…

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HEDGE accordingly