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SBA now stepping in to block borrowers over suspected fraud

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The Western Journal on MSN · 20h
Small Business Administration comes down on 6,900 Minnesota borrowers suspected of fraud
The Small Business Administration is coming down hard on Minnesota companies suspected of fraud in the Paycheck Protection Program and Economic Injury Disaster Loan program, according to SBA Administrator Kelly Loeffler.

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 · 1d · on MSN
SBA suspends nearly 7,000 Minnesota borrowers over suspected $400M pandemic loan fraud
 · 1d · on MSN
SBA says it has suspended ‘6,900 Minnesota borrowers’ over suspected fraud
4d

SBA Halts Minnesota Grants Amid Massive PPP Fraud Investigation

SBA pauses grants to MN due to $430M PPP fraud investigation. Admin Loeffler halts blank checks to fraudsters, vows to clean ...
Forbes
4mon

FinTech Founder Pleads Guilty In Paycheck Protection Program Fraud Scheme

One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP ...

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