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Minnesota, SBA and EIDL loans

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 approximately $400 million. The individuals would be banned from any future SBA programs, including disaster relief.

· 3d · on MSN

SBA suspends nearly 7,000 Minnesota borrowers over suspected $400M pandemic loan fraud

· 1d · on MSN

What we know about claims of SBA fraud in Minnesota as agency suspends borrowers

Business.com on MSN

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 ...

9don 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 ...

6don MSN

SBA halts grants to Minnesota in wake of fraud scandal

Small Business Administration (SBA) head Kelly Loeffler said Monday that her department is halting annual grants to Minnesota, amid an investigation into alleged fraud in COVID-era lending ...

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