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.

In the heart of Minnesota's bustling business districts, a federal crackdown unfolded on New Year's Day 2026, suspending ...

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

The SBA is investigating alleged fraud in the state's Payment Protection Program and Economic Injury Disaster Loans program, ...

The future of SBA lending will depend on the systems that keep capital flowing through the economy. Securitization, when ...

Loeffler says the SBA suspended 6,900 borrowers in Minnesota, adding they were approved for 7,900 PPP and EIDL loans worth ...

Small business owners and private nonprofit organizations who lost money due to Hurricane Milton last year can still apply ...