Small Business Administration Administrator Kelly Loeffler announced late Thursday that her agency was suspending thousands of “Minnesota borrowers” amid “suspected fraudulent activity” involving COVID-era lending programs. Loeffler wrote in an X post that the SBA had taken action to suspend 6,900 borrowers in Minnesota after reviewing “thousands” of potentially “fraudulent”...
Small Business Administration Administrator Kelly Loeffler announced late Thursday that her agency was suspending thousands of “Minnesota borrowers” amid “suspected fraudulent activity” involving COVID-era lending programs. Loeffler wrote in an X post that the SBA had taken action to suspend 6,900 borrowers in Minnesota after reviewing “thousands” of potentially “fraudulent”…
