A Special Review of the Department of Commerce, Community, and Economic Development (DCCED), Alaska Coronavirus Aid, Relief, and Economic Security (CARES) Act Small Business Relief Program
2022
08-30103-22
Audit
Alaska Division of Legislative Audit
State of Alaska
The audit concluded that the Small Business Relief Program disbursed approximately $282 million of CARES Act funds through the issuance of 5,754 grants; however, the distribution rate of grant funds fell far short of expectations. The State expected to distribute $150 million per month, yet only $18...