January 5, 2026
Small Business Administration Administrator Kelly Loeffler announced late Thursday that her agency was suspending thousands of “Minnesota borrowers” amid “suspected fraudulent activity” involving COVID-era lending programs. Loeffler wrote in an X post that the SBA had taken action to suspend 6,900 borrowers in Minnesota after reviewing “thousands” of potentially “fraudulent”...
Small Business Administration Administrator Kelly Loeffler announced late Thursday that her agency was suspending thousands of “Minnesota borrowers” amid “suspected fraudulent activity” involving COVID-era lending programs. Loeffler wrote in an X post that the SBA had taken action to suspend 6,900 borrowers in Minnesota after reviewing “thousands” of potentially “fraudulent”…

Small Business Administration Administrator Kelly Loeffler announced late Thursday that her agency was suspending thousands of “Minnesota borrowers” amid “suspected fraudulent activity” involving COVID-era lending programs. Loeffler wrote in an X post that the SBA had taken action to suspend 6,900 borrowers in Minnesota after reviewing “thousands” of potentially “fraudulent”…

Share this article:
Share on FacebookTweet about this on Twitter

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

Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x