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

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

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

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

The Small Business Administration (SBA) is halting loans for nearly 7,000 Minnesotans over what it claims is "suspected ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The SBA Covid EIDL loan was a ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The agency said it's backing off ...

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The Department of Justice continues to focus on pandemic-related fraud. This week, a federal grand jury in the Western District of Tennessee returned an indictment charging ten individuals for their ...

Early in the pandemic, the government rolled out a couple of big loan programs aimed at helping small businesses survive. There was the Paycheck Protection Program, which offered loans that were ...