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The U.S. Small Business Administration (SBA) is suspending almost 7,000 Minnesota borrowers over “suspected fraudulent activity” and blocking them from all other loan programs. The announcement was ...
People walk past the headquarters of the U.S. Small Business Administration in the Southwest Federal Center area on March 24, 2025 in Washington, DC. Even after announcing that loans and grants ...
Small Business Administration (SBA) Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected fraudulent activity regarding pandemic-era ...
When the news broke of convictions for rampant fraud across several pandemic programs in Minnesota, the $1 billion price tag and over 90 indictments were staggering. We now know this is a very low ...
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 programs.
Westmoor Country Club in Brookfield will pay $1.25 million to the federal government to settle claims it improperly obtained a loan through the Paycheck Protection Program. The repayment is nearly ...
Growth requires capital. Whether you're expanding facilities, acquiring a competitor or building a stronger balance sheet for the next quarter, businesses need a strong financing strategy to fund ...
Norman Dixson faces 28 federal felony counts tied to dogfighting, animal cruelty, PPP fraud, and unemployment insurance fraud. Prosecutors accuse him of seven dogfighting ventures, suffocating a dog, ...
The Small Business Administration is investigating a network of Somali groups in Minnesota that it says is tied to a massive COVID fraud scandal highlighting alleged systemic failures by Gov. Tim Walz ...
Programs from the SBA and USDA offer affordable financing options. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions ...