SBA loan, Minnesota and Small Business Administration
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SBA pauses grants to MN due to $430M PPP fraud investigation. Admin Loeffler halts blank checks to fraudsters, vows to clean up criminal networks. YouTuber Nick Shirley exposes misuse of federal aid,
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, which was meant for small businesses during the COVID-19 ...
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 PPP Interim Final Rules and PPP Frequently Asked Questions.