Did FinTech lenders facilitate PPP fraud?

JM Griffin, S Kruger, P Mahajan - The Journal of Finance, 2023 - Wiley Online Library
ABSTRACT In the $793 billion Paycheck Protection Program, we examine metrics related to
potential misreporting including nonregistered businesses, multiple businesses at …

The paycheck protection program (PPP) from the small business perspective: did the PPP help alleviate financial and economic constraints?

AN Berger, PG Freed, JA Scott… - Available at SSRN …, 2021 - papers.ssrn.com
We address whether government financial aid to businesses during crises achieve their
main goals regarding alleviating financial and economic constraints from crisis-related …

Lender financial reporting incentives and loan prioritization during the paycheck protection program

C Bailey, M Sokolowski - Managerial Finance, 2022 - emerald.com
Purpose This study contributes to a growing body of literature on the Paycheck Protection
Program (PPP) by examining how lender incentives affected prioritization of large …

Loan guarantees in a crisis: An antidote to a credit crunch?

WB Marsh, P Sharma - Journal of Financial Stability, 2024 - Elsevier
Credit contractions are costly, but policymakers have limited tools to counter them. In this
paper, we examine the efficacy of public credit guarantees as antidotes to a credit crunch by …

[PDF][PDF] Federal Small Business Supports

B Theodos, N McDaniel, S McManus, E Seidman… - Urban Institute …, 2024 - urban.org
Federal Small Business Supports Page 1 RESEARCH REPORT Federal Small Business
Supports A Review of Federal Programs and Policy Brett Theodos Noah McDaniel Sophie …

Spatial autocorrelation patterns among US commercial banks: before, during and after the subprime mortgage crisis

D Parnes - Applied Economics, 2022 - Taylor & Francis
We study patterns of spatial autocorrelations of four customary performance measures
(return on asset, return on equity, net interest margin, and loan loss reserves to total assets) …

Banks approved fraudulent loans to capture origination fees: evidence from the Paycheck Protection Program

A Landini, R Spears - Journal of Financial Crime, 2024 - emerald.com
Purpose The Small Business Administration (SBA) has estimated that a significant
proportion of loans issued during the Paycheck Protection Program (PPP) were fraudulent …

[PDF][PDF] Can Bank Density Provide Insights on the Appropriation of Disaster Relief Funds? Evidence from the Paycheck Protection Program

A Landini, K Deming, S Weiler - Review of Regional Studies, 2024 - rrs.scholasticahq.com
In response to the COVID-19 pandemic, Congress in conjunction with the Small Business
Administration (SBA) created the Paycheck Protection Program (PPP) to help small business …

Racial Protests and Credit Access

RE Garcia, A Ortega - 2024 - nber.org
We examine the impact of local racial demonstrations, such as Black Lives Matter (BLM)
protests, and the subsequent racial justice movement following the death of George Floyd …

Distorting Effects of PPP Loans on Business Competition

E Steiner, A Tchistyi - Available at SSRN 4428945, 2023 - papers.ssrn.com
We study the effects of PPP loans on business competition. We start by introducing
temporary cash subsidies into a model of monopolistic competition with differentiated …