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

Small Business Administration (SBA) head Kelly Loeffler said Monday that her department is halting annual grants to Minnesota, amid an investigation into alleged fraud in COVID-era lending programs.

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

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

Paula Wethington is a digital producer at CBS Detroit. She previously held digital content roles at NEWSnet, Gannett/USA Today network and The Monroe News in Michigan. She is a graduate of the ...

One of the founders of the lender service provider Blueacorn has entered a guilty plea in a scheme intended to fraudulently obtain COVID relief money through the Paycheck Protection Program (PPP). A ...

(KNSI) – The U.S. Small Business Administration has suspended nearly 7,000 Minnesota borrowers over suspected fraudulent ...

SBA pauses grants to MN due to $430M PPP fraud investigation. Admin Loeffler halts blank checks to fraudsters, vows to clean up criminal networks. YouTuber Nick Shirley exposes misuse of federal aid, ...

The Small Business Administration (SBA) said on Thursday it had reviewed thousands of loans in the state, resulting in 6,900 ...