SBA pauses grants to MN due to $430M PPP fraud investigation. Admin Loeffler halts blank checks to fraudsters, vows to clean ...

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 will pay $1.25 million to the government to settle claims it improperly obtained a loan through the Paycheck Protection Program.

KNOXVILLE, Tenn. (WATE) — A Rockford business has paid $2 million to the federal government to settle allegations that it wrongly applied for and received a Paycheck Protection Program (PPP) loan, ...

The Small Business Administration Office of Inspector General reviewed PPP regulations and the Paycheck Protection Program and Health Care Enhancement Act, in addition to guidance published in SBA’s ...