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Paycheck Protection Program (PPP)

As of July 4, 2022, the Small Business Administration provided 11.47M loans totaling $792.6B. The intent of the program was to provide incentives for small businesses to keep their workers on the payroll.

PRAC Releases A New Way To Show Pandemic Funding By Individual Federal Agencies

Robert A. Westbrooks, Executive Director of the Pandemic Response Accountability Committee (PRAC), announced a new way to view data on PandemicOversight.gov.

Have you heard about these? Here are 5 relief programs under $500 million.

We talk a lot about the big pandemic relief programs, like the $800 billion Paycheck Protection Program. But what about the smaller programs that received funds to help fight the effects of the pandemic?

President Biden Signs Legislation Giving Watchdogs More Time to Fight Pandemic Fraud

President Biden signed H.R. 7334 and H.R. 7352 into law last week, extending the statute of limitations for Paycheck Protection Program and COVID-19 Economic Injury Disaster Loan fraud from 5 years to 10 years.

PRAC Welcomes Newly-Passed Legislation Extending Statute of Limitations on Pandemic Relief Fraud

Michael E. Horowitz, Chair of the Pandemic Response Accountability Committee (PRAC), heralded last week’s Senate passage of legislation that extends the statute of limitations for Paycheck Protection Program (PPP) and COVID-19 Economic Injury Disaster Loan (EIDL) fraud from 5 to 10 years.

What’s the government doing now to protect you from identity fraud?

Identity fraud has been rampant during the Pandemic. Our Identity Fraud Reduction and Redress Working Group provides insights agencies can use to keep you, your identity, and the benefits you deserve safe.

How to find award data by pandemic legislation.

As pandemic legislation was passed, starting with the CARES Act in March 2020, the Office of Management and Budget (OMB) assigned a code to identify each of the six laws. These codes, known as Disaster Emergency Fund Codes (DEFC), are used to track the spending funded under each legislation. Many of the codes were further refined through the description of the code, as "Emergency" or "Non-emergency."

Two-Year Mark of the CARES Act and the Creation of the Pandemic Response Accountability Committee

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted. It distributed $2.1 trillion to individuals, businesses, schools, and state and local governments to respond to the effects of the pandemic.

PPP loan forgiveness: How do the top lenders compare?

Loans are forgivable (they don’t need to be repaid) if a borrower meets certain requirements, such as using at least 60% of the loan for payroll costs. Given the average PPP loan amount is $59,000, forgiveness can be financially significant to a borrower.

What kind of pandemic relief did the Super Bowl’s host city get?

Inglewood, California, hosts the big game on Sunday. Businesses, schools, and other recipients in the city got at least $450 million in pandemic relief. Here’s a quick read on where some of it went.