The Small Business Administration (SBA) announced Thursday that it suspended 6,900 Minnesota borrowers after uncovering what it says is widespread suspected fraud. SBA Administrator Kelly Loeffler ...

Small Business Administration (SBA) Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected fraudulent activity regarding pandemic-era ...

Explore the current interest rates for SBA-backed financing—including 7(a), 504 and microloans—and learn how these compare to traditional loan options ...

Learn what happens when you can't pay back your small business loan from the SBA.

The U.S. Small Business Administration (SBA) is suspending almost 7,000 Minnesota borrowers over “suspected fraudulent activity” and blocking them from all other loan programs. The announcement was ...

Thousands of pandemic-era loan borrowers in Minnesota have been suspended for suspected fraud, U.S. Small Business Administration's Kelly Loeffler announced Thursday night. Loeffler says 6,900 ...

The Trump administration’s decision to ban thousands of Minnesotans from U.S. Small Business Administration loans further stokes the fraud allegations that have roiled the state. The borrower ...

People walk past the headquarters of the U.S. Small Business Administration in the Southwest Federal Center area on March 24, 2025 in Washington, DC. Even after announcing that loans and grants ...

Thousands of Minnesota borrowers have been suspended after allegations of widespread fraud. The Small Business Administration (SBA) said on Thursday it had reviewed thousands of Paycheck Protection ...

The Trump administration is blocking almost 7,000 small business loans in Minnesota, the latest federal action in a fraud scandal that has enveloped the state. Kelly Loeffler, administrator of the ...

The Small Business Administration (SBA) is freezing loan payments to nearly 7,000 Minnesota borrowers over suspected fraud. The SBA administrator said nearly 7,000 borrowers are suspended after being ...