The risks of facing an SBA audit can be substantial. Most immediately, an audit could result in the loss of eligibility for loan forgiveness under the PPP. However, if the SBA uncovers evidence of fraud, it could refer your company (or you personally) to the U.S. Department of Justice (DOJ) for prosecution. The DOJ has already charged numerous individuals with bank fraud, wire fraud, and other crimes related to fraudulent activity under the PPP, and it has signaled its intention to continue aggressively pursuing leads involving PPP loan fraud.