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

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 ...

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 ...

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, ...

Loeffler says the SBA suspended 6,900 borrowers in Minnesota, adding they were approved for 7,900 PPP and EIDL loans worth ...

Third-round PPP funding was offered to help employees and keep businesses afloat Reviewed by Doretha Clemon Fact checked by Michael Rosenston The Consolidated Appropriations Act of 2021 (CAA) was ...