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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.
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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 ...
A newly issued report highlights the long tail the SBA has when it comes to dealing with the aftermath of programs that kept many businesses afloat during the pandemic. The Small Business ...
A new state report has found that hundreds of Illinois public employees improperly cashed in on federal pandemic relief funds ...
Without naming individuals, the report listed more than 100 state employees who received more than $2.8 million in PPP loans.
Loeffler says the SBA suspended 6,900 borrowers in Minnesota, adding they were approved for 7,900 PPP and EIDL loans worth ...
SBA suspends 6,900 Minnesota borrowers over suspected $400 million fraud scheme involving PPP and disaster loans during COVID ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A Kansas City business owner ...
Brown, LLC helped achieve an $8.39 million settlement in United States v. Marymount Manhattan College, 24 Civ. 423 (JPO), a False Claims Act case brought by Brown, LLC’s client on behalf of the ...
When Black business owner Jennifer Kelly applied for an emergency loan for small businesses through a major bank last spring, she found herself shut out. Kelly, who runs a clinical psychology practice ...
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