PPP Loan Anomaly Analysis

968,522 Paycheck Protection Program loans analyzed using Isolation Forest machine learning on SBA FOIA data. 19,371 loans flagged with $32.4 billion in anomalous patterns including round dollar amounts, anomalous employee figures, shared addresses, and suspicious lender concentration.

Benford's Law analysis reveals PPP loan amounts deviate significantly from expected digit distributions, with excess round numbers suggesting fabricated applications. Triple-flag analysis cross-references anomaly scores with verified DOJ prosecutions.

State-level risk modeling identifies geographic hotspots. Top flagged states by anomaly rate include Florida, California, New York, Texas, and Georgia. Industry analysis by NAICS code reveals high-risk sectors.