SBA suspends 6,900 Minnesota borrowers over suspected $400 million fraud scheme involving PPP and disaster loans during COVID ...
The Small Business Administration has frozen thousands of pandemic-era loans in Minnesota, abruptly cutting off access to ...
The SBA is investigating alleged fraud in the state's Payment Protection Program and Economic Injury Disaster Loans program, ...
Kelly Loeffler says 6,900 borrowers were suspended for 7,900 PPP and EIDL loans worth approximately $400 million.
Administrator Kelly Loeffler said Thursday that her agency has suspended “6,900 Minnesota borrowers” over suspected ...
Loeffler says the SBA suspended 6,900 borrowers in Minnesota, adding they were approved for 7,900 PPP and EIDL loans worth ...
ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal. The Small Business Administration has rolled out what it says ...
US Sens. Mazie K. Hirono of Hawaiʻi and Ed Markey (D-MA) sent a letter to US Small Business Administrator Kelly Loeffler, ...
A franchise location, while tied to a national or regional brand, is still a small business. It is up to the franchisee to find the necessary capital to open and operate. When it comes to financing ...
As economic uncertainty persists, small businesses are increasingly relying on SBA loans for refinancing, working capital and expansion. In the first quarter of 2025, loan approvals soared 38% year ...
“MARC gives lenders a substantial amount of flexibility when structuring working capital solutions for manufacturers as they can offer larger open lines of credit as they transition toward monitored ...
SBA loans vs. business lines of credit: Which is best for small businesses? All businesses need funds to operate, but sometimes small businesses may need a financial boost to jump-start growth or get ...