Four non-profits agreed to pay over $3 million to resolve allegations of misusing PPP loans after settling with the U.S. Attorney’s Office for the District of Columbia.

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

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) said on Thursday it had reviewed thousands of loans in the state, resulting in 6,900 ...

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

SBA pauses grants to MN due to $430M PPP fraud investigation. Admin Loeffler halts blank checks to fraudsters, vows to clean ...

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

This Admin will not continue to hand out blank checks to fraudsters – and we will not rest until we clean up the criminal ...

The Trump administration official said her department was investigating $430 million in suspected Payment Protection Program ...

While more than 200 have lost their jobs or voluntarily resigned, some have been referred for criminal prosecution for fraudulently obtaining the taxpayer-funded forgivable business loans.

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 ...