PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...

The Minnesota Star Tribune has previously reported on pandemic-era fraudsters stealing from the Small Business Administration ...

Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected ...

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

The agency’s leader said a review over the past week flagged $400 million in loans to Minnesotans with “suspected fraudulent ...

On Thursday, Administrator of the U.S. Small Business Administration (SBA) Kelly Loeffler announced on X that the SBA has ...

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

The Small Business Administration is coming down hard on Minnesota companies suspected of fraud in the Paycheck Protection ...

(KNSI) – The U.S. Small Business Administration has suspended nearly 7,000 Minnesota borrowers over suspected fraudulent ...

SBA pauses grants to MN due to $430M PPP fraud investigation. Admin Loeffler halts blank checks to fraudsters, vows to clean ...

The Small Business Administration Thursday suspended 6,900 Minnesota borrowers over suspected fraud tied to two COVID-era small business lending programs, according to Administrator Kelly Loeffler.