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Small business coronavirus relief loan database contains some big errors, firms say

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Index Ventures, Foundation Capital and scooter company Bird said that they did not apply for the Payroll Protection Program, despite being listed as having been approved for millions of dollars of funds.

Several companies that purportedly received forgiveable loans as part of a governnment program aimed at helping small businesses said that they did not apply for — much less get — the funds that are detailed in a database of loans.

Several companies that purportedly received forgivable loans as part of a federal relief program said that they did not apply for — much less get — the funds that areThat database includes information about the lion's share of $521 billion so far approved under the Paycheck Protection Program, which is aimed at helping small businesses affected by the coronavirus pandemic.

And a woman who lives in the Milwaukee area told CNBC she was surprised to be listed on the list released by the Treasury Department and Small Business Administration as having been approved for a loan ranging from $5 million to $10 million.

 

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And some governors of big states:

What happened to that hunt for the millions in funds that Steve Mnuchin gave out but refused to disclose who they gave it to. Is that no longer a congressional concern.

Would not of happened on the Blockchain 👊

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