SBA says it has suspended ‘6,900 Minnesota borrowers’ over suspected fraud

Small Business Administration (SBA) Administrator Kelly Loeffler said Thursday nighttime that her bureau has suspended “6,900 Minnesota borrowers” implicit suspected fraudulent enactment regarding COVID-era lending programs.  Loeffler said the SBA implicit the past week reviewed “thousands” of perchance “fraudulent” Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) payouts that were approved successful Minnesota. …