Trump Admin pausing some federal funding to Minnesota amid fraud scandals

The Small Business Administration is halting federal funding to Minnesota as it probes potential fraud in the state, the head ...
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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 ...

Small Business Administration suspends loans to thousands of Minnesota borrowers

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

Small Business Administration bans thousands of Minnesota borrowers over suspected pandemic-era fraud

The agency’s leader said a review over the past week flagged $400 million in loans to Minnesotans with “suspected fraudulent ...
WTVD

Triangle businesses hopeful for second round of Paycheck Protection Program funding

RALEIGH, N.C. (WTVD) -- Nearly 40,000 businesses in North Carolina were approved for a Paycheck Protection Program loan during the first round of funding. Data from the U.S. Small Business ...

SBA head Kelly Loeffler says agency pausing grants to Minnesota over fraud investigation

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