Small business rescue slowed by fight against fraud, drawing protests

Tens of thousands of small businesses have faced delays in receiving emergency payroll support loans that Congress authorized in December, sparking an uproar that has forced the agency responsible for distributing the funds to quickly find a solution.

The Small Business Administration, which acknowledges the delays were caused by efforts to ratchet up anti-fraud measures that the Paycheck Protection Program lacked when it was first launched last year, revealed plans Wednesday to speed up the process and keep the government-guaranteed loans flowing.

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