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.
The Small Business Administration says it will refer cases to law enforcement ‘where appropriate.’ ...
Administrator Kelly Loeffler announced late Thursday that her agency was suspending thousands of “Minnesota borrowers” amid ...
"In total, these borrowers were approved for 7,900 PPP and EIDL loans worth approximately $400M," SBA Administrator Kelly ...
The Small Business Administration (SBA) said on Thursday it had reviewed thousands of loans in the state, resulting in 6,900 ...
ST. PAUL (KFGO-CBS) — Thousands of pandemic-era loans in Minnesota have been suspended for suspected fraud, U.S. Small ...
Key figures in the long-running controversy over alleged fraudulent safety net programs in Minnesota
The Trump administration, for the second time in recent weeks, is using allegations of fraud to justify increased federal law ...
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