Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected ...

PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...

The Minnesota Star Tribune has previously reported on pandemic-era fraudsters stealing from the Small Business Administration ...

Small Business Administration (SBA) head Kelly Loeffler said Monday that her department is halting annual grants to Minnesota, amid an investigation into alleged fraud in COVID-era lending ...

Kelly Loeffler says 6,900 borrowers were suspended for 7,900 PPP and EIDL loans worth approximately $400 million.

The agency’s leader said a review over the past week flagged $400 million in loans to Minnesotans with “suspected fraudulent ...

Loeffler says the SBA suspended 6,900 borrowers in Minnesota, adding they were approved for 7,900 PPP and EIDL loans worth ...

Without naming individuals, the report listed more than 100 state employees who received more than $2.8 million in PPP loans.

An allegation by an outside whistleblower led to a Southwick company agreeing to pay more than $2 million to resolve ...

Ajinomoto Cambrooke agreed to pay over $1.36 million to settle allegations of fraudulently obtaining a PPP loan by not ...

MINNEAPOLIS (FOX 9) - The U.S. Small Business Administration is suspending 6,900 Minnesota borrowers for suspected fraud activity. The agency says it spent the last week reviewing thousands of ...

A Waipahu woman must pay $70,500 in restitution after she pleaded guilty Monday to underreporting her family’s income and ...