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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.
Federal officials say nearly 7,000 Minnesota borrowers are suspended from Small Business Administration programs over ...
Without naming individuals, the report listed more than 100 state employees who received more than $2.8 million in PPP loans.
Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected ...
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The SBA said on Thursday it had reviewed thousands of loans in the state, resulting in 6,900 borrowers being suspended.
Why are we asking for donations? Why are we asking for donations? This site is free thanks to our community of supporters. Voluntary donations from readers like you keep our news accessible for ...
MILWAUKEE (CN) — The U.S. Department of Justice announced on Tuesday that a group of affiliated companies operating under one family office will pay $10.8 million to settle claims that they ...
More than four years after the Paycheck Protection Program, or PPP, stopped accepting applications, the U.S. federal government is still combating fraud that exploited the emergency fund disbursements ...
SBA suspends 6,900 Minnesota borrowers over suspected $400 million fraud scheme involving PPP and disaster loans during COVID ...
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