SBA suspends nearly 7,000 Minnesota borrowers over suspected COVID relief loan fraud

Federal officials say nearly 7,000 Minnesota borrowers are suspended from Small Business Administration programs over suspected COVID relief loan fraud tied to PPP and EIDL loans.

Jan 3, 2026 - 02:00
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SBA suspends nearly 7,000 Minnesota borrowers over suspected COVID relief loan fraud
Federal officials say nearly 7,000 Minnesota borrowers are suspended from Small Business Administration programs over suspected COVID relief loan fraud tied to PPP and EIDL loans.

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