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

SBA suspends 6,900 Minnesota borrowers over suspected $400 million fraud scheme involving PPP and disaster loans during COVID ...
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SBA bans nearly 7,000 borrowers in Minnesota amid fraud scandal

“Today, our agency took action to suspend 6,900 Minnesota borrowers amid suspected fraudulent activity. In total, these ...

SBA suspends thousands of pandemic-era loans 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.

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 ...

Lawmakers probe SBA loans linked to Minnesota’s $9B fraud scandal: 'Reckless decision making'

House committee demands answers on alleged Minnesota pandemic fraud totaling up to $9 billion, targeting SBA relief programs ...

Lost money because of Hurricane Milton? These SBA loans still available

Small business owners and private nonprofit organizations who lost money due to Hurricane Milton last year can still apply ...
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Topeka man indicted in COVID loan fraud case

A federal grand jury in Kansas City, Kansas indicted two Kansans for allegedly defrauding the Small Business Administration, charging both of them with one count of wire ...

Federal grand jury indicts Kansas real estate developer for wire fraud, money laundering

A Kansas real estate developer has been controversy adjacent for years. Now, he faces a federal grand jury indictment.