It’s definitely worse than any of the CARES federal data that is being reported but a variety of similar issues seem present there; I think they are being told that this data is not supposed to inform any analysis but just be there for transparency
going through the PPP data and I have to say it is rife with data quality issues, have to wonder who at SBA/treasury is responsible for QA if they even bother to do it at all
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Just more evidence to support my pet theory that small banks are bad at client data management and other compliance adjacent stuff
End of conversation
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