Tag: Borrowers

Kelly Loeffler of the Small Business Administration walks through the Russell Senate Office Building on Dec. 18, 2024, in Washington, D.C.

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Trump Admin Suspends Thousands of ‘Minnesota Borrowers’ Over Suspected Fraud

January 3, 2026

Small Business Administration Administrator Kelly Loeffler announced late…

Small Business Administration administrator Kelly Loeffler, seen in a file photo dated Aug. 26, said she told Minnesota Gov. Tim Walz that his state "cannot be trusted to administer federal tax dollars."

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Small Business Administration Comes Down on 6,900 Minnesota Borrowers Suspected of Fraud

January 2, 2026

The Small Business Administration is coming down hard on Minnesota companies…

Kelly Loeffler of the U.S. Small Business Administration speaks during the 2025 Concordia Annual Summit on Sept. 24, 2025, in New York City.

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SBA Now Stepping In to Block Borrowers Over Suspected Fraud

January 2, 2026

What in the world is going on in Minnesota? Whatever the truth of the matter is,…