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

The Small Business Administration has quietly triggered the largest exclusion in its history, freezing thousands of borrowers ...

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

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

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

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. For small business owners, credit access can be a critical ...

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 ...

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

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

Programs from the SBA and USDA offer affordable financing options. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions ...

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MINNEAPOLIS (FOX 9) - The U.S. Small Business Administration is suspending 6,900 Minnesota borrowers for suspected fraud ...