The Small Business Administration (SBA) is freezing loan payments to nearly 7,000 Minnesota borrowers over suspected fraud.
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.
Administrator Kelly Loeffler said Thursday night 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 ...
"SBA is pausing annual funding to Minnesota while we investigate $430 million in suspected PPP fraud across the state," Kelly ...
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SBA Loan Forgiveness for PPP, EIDL and 7(a) Loans
The United States Small Business Administration (SBA) offers several loan programs to support small businesses, including emergency relief loans and traditional financing options. If you’re looking ...
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Is your SBA loan in default? Forgiveness is possible
Defaulting on an SBA loan is serious; you can face bank levies, wage garnishment and foreclosure. But some cases allow forgiveness. Learn if you qualify.
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Utah woman sentenced to prison for COVID-19 loan fraud
The sentence comes after Mehlbaurer pleaded guilty on Sept. 24, 2025, to wire fraud and money laundering. Lopez was sentenced ...
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