In the heart of Minnesota's bustling business districts, a federal crackdown unfolded on New Year's Day 2026, suspending ...
SBA suspends 6,900 Minnesota borrowers over suspected $400 million fraud scheme involving PPP and disaster loans during COVID ...
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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.
Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected ...
The agency’s leader said a review over the past week flagged $400 million in loans to Minnesotans with “suspected fraudulent ...
The Small Business Administration (SBA) is freezing loan payments to nearly 7,000 Minnesota borrowers over suspected fraud.
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 ...
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 ...
An internal system glitch at the Small Business Administration failed to notify some business owners that their past-due loans were headed towards collections. But internal glitches also blocked ...
ST. PAUL (KFGO-CBS) — Thousands of pandemic-era loans in Minnesota have been suspended for suspected fraud, U.S. Small ...
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