As for allegations the previous SBA leadership punted on recovering misallocated COVID aid, the letter invokes Trumps DOGE endeavors and floats a project to investigate fraud and recover the funds, which they characterize as a prime example of how Loeffler can assist that cause."It is estimated ...
Noninterest expense was$16.6 millionfor the fourth quarter of 2022, compared to$17.9 millionin the third quarter of 2022. Third quarter expenses included a$1.5 millionwire fraud and a$0.7 millionoperational loss, offset by an$0.8 millionvoluntary executive incentive reversal. Fourth quarter expense...