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

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

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

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

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

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The SBA allocated more than $1 ...

A newly issued report highlights the long tail the SBA has when it comes to dealing with the aftermath of programs that kept many businesses afloat during the pandemic. The Small Business ...

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

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

Small Business Administration (SBA) head Kelly Loeffler said Monday that her department is halting annual grants to Minnesota, amid an investigation into alleged fraud in COVID-era lending ...

Federal officials say nearly 7,000 Minnesota borrowers are suspended from Small Business Administration programs over ...

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