As Pandemic Aid Was Rushed to Main Street, Criminals Seized on Covid Relief Programs
Her digital media firm, KeyMedia Solutions in Sioux Falls, South Dakota, saw its sales plummet 60% in May from the previous year. She was able to secure a loan from the Small Business Administration's Paycheck Protection Program for $115,000 to keep workers employed until things stabilized. So when Keys received paperwork from the SBA in January that there was an additional $150,000 loan taken out in her business's name under the Economic Injury Disaster Loan program, she thought it might be a mistake. "We'd made a conscious decision not to apply for any other assistance," Keys said. "We thou...
Source: nbcdfw.com