SBA halts payments for 6,900 borrowers in Minnesota due to fraud suspicions
SBA Suspends Thousands of Minnesota Borrowers Due to Fraud The Small Business Administration (SBA) announced on Thursday that it has suspended approximately 6,900 borrowers in Minnesota after uncovering extensive fraudulent activities. SBA Administrator Kelly Loeffler stated that the agency has reviewed thousands of loans under the Paycheck Protection Program (PPP) and the Economic Injury Disaster […]
Kelly Loeffler: SBA discovers increasing loan fraud in Minnesota welfare programs
Minnesota’s Pandemic Fraud Revealed to Be Far Greater Than Initially Thought The shocking figure of $1 billion and over 90 indictments regarding fraud in Minnesota’s pandemic programs initially seemed staggering. However, this estimate now appears significantly understated, indicating a deeper corruption within the state’s welfare systems. The national outrage surrounding this scandal stemmed from a […]
SBA Stops Grant Funding to Minnesota Due to Allegations of Somali Fraud
Small Business Administration Suspends Grants to Minnesota The Small Business Administration (SBA) Secretary Kelly Loeffler announced the decision to halt grants to Minnesota due to ongoing allegations of scams tied to the Somali community in the state. Conservative activist Benny Johnson shared that after YouTuber Nick Shirley and his team uncovered significant fraud in Minnesota, […]
SBA introduces a strategy to reduce federal regulations that are increasing expenses.
The Small Business Administration (SBA) is launching a new initiative aimed at addressing ongoing cost challenges faced by American families and small businesses. The focus is on reviewing and potentially reversing federal regulations that the government claims increase prices in various sectors, including housing and food production. Leading this effort is the Deregulation Strike Force, […]
SBA reveals strategy to reduce federal regulations it claims are increasing expenses.
SBA Launches Initiative to Tackle Rising Costs The Small Business Administration (SBA) is unveiling a new program aimed at easing financial burdens on American families and small businesses. This initiative, in response to continuing inflationary pressures, focuses on reviewing and potentially rolling back federal regulations that contribute to higher prices in areas such as housing […]
SBA investigates Somali organizations linked to COVID fraud in Minnesota
The Small Business Administration (SBA) is looking into a group of Somali organizations in Minnesota that are connected to a significant coronavirus fraud case. This incident has exposed supposed failures within the administration of Governor Tim Walz, particularly regarding audits of public funds. Walz, who is the Democratic nominee for vice president in 2024, has […]
SBA Investigates Companies Accused of Using ‘Minority’ Fronts to Secure Multi-Million Dollar No-Bid Contracts
SBA Investigates ATI Government Solutions Over Alleged Misconduct The Small Business Administration (SBA) has initiated an investigation into ATI Government Solutions and the Susanville Indian Rancheria following allegations in an undercover video. The video claims these entities misused the SBA’s 8(a) program to secure federal contracts unlawfully. This announcement aligns with the SBA’s recent emphasis […]
SBA workers on leave create out-of-office messages
Staff at a small business management organization in Furlough initiated an automatic email response to hold Democrats accountable for a recent government shutdown. The message noted that the Senate Democrats blocked a clean federal funding bill (HR 5371), which could hinder the U.S. Small Business Administration (SBA) from supporting around 36 million small businesses. According […]
SBA directs banks to follow Trump’s debanking executive order by December deadline
Small Business Administration Takes Action Against Discriminatory Practices The Small Business Administration’s Advisory Office has reached out to lenders, outlining necessary steps that must be completed by December 5, 2025. According to a recent executive order, federal bank regulators will need to remove any mention of “reputational risk” from their training and evaluation materials. Additionally, […]
SBA Administrator Kelly Loeffler and Senator Joni Ernst Applaud Guilty Plea of SBA Official in $500K COVID Loan Fraud Case
SBA Administrator Kelly Loeffler and Sen. Joni Ernst (R-IA) expressed support for a guilty plea from a former SBA loan officer involved in fraudulent loan approvals exceeding $500,000 for herself and family members. The Department of Justice (DOJ) announced that former SBA loan officer Lena Barrett pleaded guilty on August 11 to submitting false statements […]