On Monday, a watchdog report claimed that the Small Business Administration (SBA) may have accidentally sent as much as $1.3 billion in COVID-19 relief funding to foreign countries during the pandemic.
According to the Daily Caller, the office of the SBA inspector general reported that the agency failed to detect the foreign IP addresses of those who applied for Economic Injury Disaster Loans (EIDL), which awarded as much as $2 million per business or nonprofit. As a result, up to $1.3 billion may have been sent to recipients in “high risk” countries.
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