SBA suspends 6,900 Minnesota borrowers over suspected $400 million fraud scheme involving PPP and disaster loans during COVID ...
2don MSN
SBA suspends thousands of pandemic-era loan borrowers 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.
Buy Side’s top-rated banks for small-business loans include Bank of America and Chase. Small-business loans can help you grow ...
The Minnesota Star Tribune has previously reported on pandemic-era fraudsters stealing from the Small Business Administration ...
Small business owners and private nonprofit organizations who lost money due to Hurricane Milton last year can still apply ...
Loeffler says the SBA suspended 6,900 borrowers in Minnesota, adding they were approved for 7,900 PPP and EIDL loans worth ...
The Trump administration has suspended nearly 7,000 borrowers in Minnesota from small business loans, citing suspected fraud.
Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected ...
12don MSN
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 ...
The Small Business Administration has started approving loans for its newest loan option — but not all small businesses are ...
The SBA delivered over $44 billion in loans nationwide in FY2025, with $1.2 billion in the Seattle District. Rural lending rose 20%, and manufacturers gained new access to capital under the Made in ...
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