SBA suspends nearly 7,000 Minnesota borrowers over suspected $400M pandemic loan fraud

SBA suspends 6,900 Minnesota borrowers over suspected $400 million fraud scheme involving PPP and disaster loans during COVID ...

SBA suspends thousands of pandemic-era loans approved by Minnesota over potential fraud

Kelly Loeffler says 6,900 borrowers were suspended for 7,900 PPP and EIDL loans worth approximately $400 million.

SBA head Kelly Loeffler says agency pausing grants to Minnesota over fraud investigation

"SBA is pausing annual funding to Minnesota while we investigate $430 million in suspected PPP fraud across the state," Kelly ...

SBA halts grants to Minnesota in wake of fraud scandal

Small Business Administration (SBA) head Kelly Loeffler said Monday that her department is halting annual grants to Minnesota ...

Lawmakers probe SBA loans linked to Minnesota’s $9B fraud scandal: 'Reckless decision making'

House committee demands answers on alleged Minnesota pandemic fraud totaling up to $9 billion, targeting SBA relief programs ...