The Small Business Administration has quietly triggered the largest exclusion in its history, freezing thousands of borrowers ...
SBA suspends 6,900 Minnesota borrowers over suspected $400 million fraud scheme involving PPP and disaster loans during COVID ...
Kelly Loeffler says 6,900 borrowers were suspended for 7,900 PPP and EIDL loans worth approximately $400 million.
The largest SBA loan recipients were approved for loans through the Small Business Administration's 7(a) or 504 programs from Oct. 1, 2024 through June 30, 2025. Data from the last quarter of SBA's ...
Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected ...
Loeffler says the SBA suspended 6,900 borrowers in Minnesota, adding they were approved for 7,900 PPP and EIDL loans worth ...
ST. PAUL (KFGO-CBS) — Thousands of pandemic-era loans in Minnesota have been suspended for suspected fraud, U.S. Small ...