Kelly Loeffler says 6,900 borrowers were suspended for 7,900 PPP and EIDL loans worth approximately $400 million.
Without naming individuals, the report listed more than 100 state employees who received more than $2.8 million in PPP loans.
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 ...
Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected ...
A federal judge will give former Phoenix news anchor Stephanie Hockridge an extra month before she must report to prison in ...
The Small Business Administration (SBA) said on Thursday it had reviewed thousands of loans in the state, resulting in 6,900 ...
Westmoor Country Club in Brookfield will pay $1.25 million to the federal government to settle claims it improperly obtained a loan through the Paycheck Protection Program.
SBA suspends 6,900 Minnesota borrowers over suspected $400 million fraud scheme involving PPP and disaster loans during COVID ...
DENVER, Colo. -- President Trump recently approved changes to the Paycheck Protection Program to give small business owners more opportunities to qualify for loan forgiveness. Some owners say even ...
"In total, these borrowers were approved for 7,900 PPP and EIDL loans worth approximately $400M," SBA Administrator Kelly ...
The technology glitches were reminiscent of those that plagued the first phase. The federally backed emergency loan program to help hard-hit small businesses, reopened on Monday and -- once again -- ...