Small Business Administration (SBA) head Kelly Loeffler said Saturday that the agency’s Minneapolis office is being relocated ...

SBA suspends 6,900 Minnesota borrowers over suspected $400 million fraud scheme involving PPP and disaster loans during COVID ...

Kelly Loeffler says 6,900 borrowers were suspended for 7,900 PPP and EIDL loans worth approximately $400 million.

The Trump administration’s decision to ban thousands of Minnesotans from U.S. Small Business Administration loans further stokes the fraud allegations that have roiled the state. The borrower ...

Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected ...

Locally, multiple small businesses in the Twin Cities metro have announced plans to temporarily close as ICE ramps up its activity in the area.

Newly public records show the SBA has closed its review of at least $155 million in pandemic grants given to successful ...

The future of SBA lending will depend on the systems that keep capital flowing through the economy. Securitization, when ...

The SBA is investigating alleged fraud in the state's Payment Protection Program and Economic Injury Disaster Loans program, ...

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