SBA suspends 6,900 Minnesota borrowers over suspected $400 million fraud scheme involving PPP and disaster loans during COVID ...

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

The Harvard Club of Boston will pay $2.4 million to settle a U.S. Department of Justice investigation into allegations that ...

Former SBA and IRS employee Attallah Williams is charged with embezzling $3.5 million from COVID-19 relief funds.

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

MINNEAPOLIS (FOX 9) - The U.S. Small Business Administration is suspending 6,900 Minnesota borrowers for suspected fraud ...

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 ...

"In total, these borrowers were approved for 7,900 PPP and EIDL loans worth approximately $400M," SBA Administrator Kelly Loeffler said ...

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

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

A unit of KeyCorp will pay $7.77 million to resolve allegations that the large regional bank violated the federal False ...