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Minnesota, SBA and EIDL loans

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 · 3d · on MSN
Small Business Administration suspends loans to thousands of Minnesota borrowers
The Small Business Administration (SBA) is halting loans for nearly 7,000 Minnesotans over what it claims is "suspected fraudulent activity" in pandemic-era loan programs. SBA Administrator Kelly Loeffler said that over the past week her staff has looked at thousands of “potentially fraudulent” Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) loans approved throughout the pandemic.

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 · 4d · on MSN
SBA suspends nearly 7,000 Minnesota borrowers over suspected $400M pandemic loan fraud
 · 4d · on MSN
SBA says it has suspended ‘6,900 Minnesota borrowers’ over suspected fraud
Business.com on MSN
3d

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 ...
The Business Journals
11mon

Lawmakers take aim at Covid small-business loan collections

Sen. Joni Ernst, R-Iowa, said the Complete Covid Collections Act would help recover billions of dollars. The Small Business Administration would be mandated to send many loans made under the Covid ...
10don MSN

Lost money because of Hurricane Milton? These SBA loans still available

Small business owners and private nonprofit organizations who lost money due to Hurricane Milton last year can still apply ...

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