When the USA Handed Out the “Free Money”

EIDL and PPP loans were awarded fast and furious — GAO says they lacked sufficient oversight.

Carol Burt
4 min readSep 17, 2020

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Photo by Celyn Kane

From April 3 until August 8, with funds made available by the CARES Act, the Small Business Administration loaned 690 billion dollars to businesses through the Paycheck Protection Program. The purpose of the loans was to help small…

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Carol Burt

Former print journalist, former mayor, retired law enforcement officer. Writing about politics and government along with random personal essays.