In a recent announcement, the UK National Audit Office (NAO) announced that the while the bounce back loan scheme succeeded in providing much needed cash injections into SMEs, the government now faces a potential loss of £15-£26 billion through businesses not being able to repay the loans and fraud.
https://www.assetfinanceinternational.com/index.php/technology/technology-archive/technology-articles/19794-fico-reveals-how-to-fight-15-26-billion-of-bounce-back-loan-fraud