(KNSI) – The U.S. Small Business Administration has suspended nearly 7,000 Minnesota borrowers over suspected fraudulent ...
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SBA loan forgiveness for PPP, EIDL and 7(a) loans
PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...
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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.
On Thursday, Administrator of the U.S. Small Business Administration (SBA) Kelly Loeffler announced on X that the SBA has ...
The SBA delivered over $44 billion in loans nationwide in FY2025, with $1.2 billion in the Seattle District. Rural lending rose 20%, and manufacturers gained new access to capital under the Made in ...
SBA suspends 6,900 Minnesota borrowers over suspected $400 million fraud scheme involving PPP and disaster loans during COVID ...
The Trump administration has suspended nearly 7,000 borrowers in Minnesota from small business loans, citing suspected fraud.
Federal officials say nearly 7,000 Minnesota borrowers are suspended from Small Business Administration programs over ...
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 ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. whitebalance.space / Getty Images ...
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