The bank fired a manager for originating suspicious loans but later asked the SBA to forgive them, prosecutors say. The case ...
MILFORD — The Milford-based company that owns and operates Planet Fitness locations in Connecticut and other states has ...
A group of senators is pushing the Small Business Administration to give a detailed breakdown of its probe of the sweeping ...
Based in Milford, IGNITE owns 134 Planet Fitness locations in the U.S. and Canada. In 2021, the franchise allegedly received ...
(KNSI) – The U.S. Small Business Administration has suspended nearly 7,000 Minnesota borrowers over suspected fraudulent ...
A co-founder of a lender service provider has been sentenced to 10 years in prison for orchestrating a scheme to fraudulently obtain over $65 million in Paycheck ...
The Minnesota Star Tribune has previously reported on pandemic-era fraudsters stealing from the Small Business Administration ...
The agency’s leader said a review over the past week flagged $400 million in loans to Minnesotans with “suspected fraudulent ...
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SBA loan forgiveness for PPP, EIDL and 7(a) loans
PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
Loeffler says the SBA suspended 6,900 borrowers in Minnesota, adding they were approved for 7,900 PPP and EIDL loans worth ...
Kelly Loeffler says 6,900 borrowers were suspended for 7,900 PPP and EIDL loans worth approximately $400 million.
On Thursday, Administrator of the U.S. Small Business Administration (SBA) Kelly Loeffler announced on X that the SBA has banned nearly 7,000 Minnesota borrowers from all SBA loan programs.
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