What House Republicans Are Saying About the Pandemic SBA and EIDL Programs

Photo by Anastasiia Chepinska on Unsplash

House Republicans are taking aim at the SBA’s direct lending efforts — including its Economic Injury Disaster Loan program — citing the potential for fraud and waste.

In a strongly worded letter from 12 Representatives, they explained: “Not only has the SBA’s EIDL program been plagued with delays and underwhelming communication efforts…