SBA Paycheck Protection Program

Minnesota, SBA

Small Business Administration comes down on 6,900 Minnesota borrowers suspected of fraud

The Small Business Administration is coming down hard on Minnesota companies suspected of fraud in the Paycheck Protection Program and Economic Injury Disaster Loan program, according to SBA Administrator Kelly Loeffler.

· 16h · on MSN

SBA suspends nearly 7,000 Minnesota borrowers over suspected $400M pandemic loan fraud

· 17h · on MSN

SBA says it has suspended 6,900 Minnesota borrowers over suspected fraud

IJR · 6h

Trump Admin Announces It Has Suspended Thousands Of ‘Minnesota Borrowers’ Over Suspected Fraud

Small Business Administration (SBA) Administrator Kelly Loeffler announced late Thursday that her agency was suspending thousands of “Minnesota borrowers” amid “suspected fraudulent activity” involvin...

· 5h

Small Business Admin. suspends thousands of Minnesota borrowers due to alleged fraud

· 1d

Minnesota mom who ripped Trump for freezing child care funding cuts remarks short after admitting ‘fraud is bad’

3don MSN

SBA halts grants to Minnesota in wake of fraud scandal

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

SBA Halts Minnesota Grants Amid Massive PPP Fraud Investigation

SBA pauses grants to MN due to $430M PPP fraud investigation. Admin Loeffler halts blank checks to fraudsters, vows to clean up criminal networks. YouTuber Nick Shirley exposes misuse of federal aid,

Forbes

FinTech Founder Pleads Guilty In Paycheck Protection Program Fraud Scheme

One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A founder of the lender service provider Blueacorn has ...

The Business Journals

SBA to overhaul loan programs and collections under new administrator

Feb 26, 2025, 8:07am EST Updated: Feb 26, 2025, 8:27am EST Haiyun Jiang/The New York Times Small Business Administration Administrator Kelly Loeffler this week issued a memo detailing planned changes to the agency. The Small Business Administration will be ...