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Minnesota, SBA and pandemic Loeffler

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

The Small Business Administration (SBA) announced Thursday that it suspended 6,900 Minnesota borrowers after uncovering what it says is widespread suspected fraud.

· 1d · on MSN

SBA suspends thousands of pandemic-era loan borrowers approved by Minnesota over potential fraud

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

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Trump unleashes Minnesota fraud crackdown as feds freeze nearly 7,000 borrowers over $400m scam

The Trump administration has suspended 6,900 borrowers over suspected Covid loan fraud involving roughly $400 million of taxpayer funds in Minnesota.

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Democrats accuse Trump of politicizing Minnesota fraud as more is uncovered program

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Minnesota $400 Million Fraud Explodes: Trump Suspends Nearly 7,000 Borrowers Amid Scandal

12don MSN

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 under Gov. Tim Walz's watch.

5don MSN

SBA head Kelly Loeffler says agency pausing grants to Minnesota over fraud investigation

"SBA is pausing annual funding to Minnesota while we investigate $430 million in suspected PPP fraud across the state," Kelly Loeffler said.