Financial Services, Insurance and Banking
The Small Business Administration may have helped people get $80 billion in fraudulent loans, the Times-Union is reporting. The Administration’s Inspector General says the Economic Injury Disaster Loan program may have issued $78 billion to ineligible recipients and another $3 billion in improper Paycheck Protection Program loans, the story says.
Editor’s Note: Yesterday, we reported that a bill in Congress to extend the EIDL loan application deadline was in the Senate. The T-U story says the bill passed. President Joe Biden is expected to sign it, extending the loan application deadline to May 31. For a quick definition of the different aid programs, read here.
Arts and Culture
The old Nabisco building in downtown Albany will now produce sweet stories, the Albany Business Journal is reporting. After a $14 million renovation, Capital Repertory Theatre is moving to the former biscuit bakery and plans to open soon to limited capacity in its new digs. The ABJ has interior photos of the new space.
Government, Law and Legal Services
The Village of South Glens Falls is looking for more public input on police reform in the last week of March before the deadline to send a reform plan to Albany on April 1, the Post-Star is reporting. People responded to paper surveys and now leadership is looking to an online meeting to get more public input on its 22-page report, the story says.
Governor Andrew Cuomo has opened up nursing homes to visitors, the Adirondack Daily Enterprise and others are reporting. The caveats to the new rules exist but are less stringent than previously. Nursing homes no longer need to lock down if an infection is found, but visitation should be paused while the facility tests residents and staff, the story says.