Text of Recommendation | Perform a thorough review of the 2021 cohort of PPP loan guarantees. Based on the review,
determine the impact on the outstanding loan guarantee and the eligibility for forgiveness of
loans that are determined to not be in conformance with the CARES Act and related legislation
and program requirements. |
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Recommendation Number | 7 |
Recommendation Status | Closed |
Significant Recommendation | Yes |
Submitting OIG | |
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Linked Report |