SBA suspends thousands of pandemic-era loan borrowers approved by Minnesota over potential fraud

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

SBA head Kelly Loeffler says agency pausing grants to Minnesota over fraud investigation

"SBA is pausing annual funding to Minnesota while we investigate $430 million in suspected PPP fraud across the state," Kelly ...