Loeffler targets $50B SBA program that has ‘never been looked at,’ bans 112K-plus COVID loan fraudsters

SBA chief Kelly Loeffler bans 112,000 borrowers accused of COVID loan fraud and launches audit of $50 billion program ...

SBA boss Kelly Loeffler announces 'state-by-state' fraud crackdown, touts 54% headcount slash

WASHINGTON — The Trump administration is readying a 50-state assault on federal benefit fraud, Small Business Administration ...

SBA launches new $50 billion ‘war on fraud’ program

The Small Business Administration will collaborate with Vice President JD Vance‘s task force for a 50-state crackdown targeting federal benefit fraud, Secretary Kelly Loeffler announced Wednesday. “We ...
Yahoo

Lawmakers probe SBA loans linked to Minnesota’s $9B fraud scandal: 'Reckless decision making'

FIRST ON FOX: The House Small Business Committee sent a letter this week to the Small Business Administration demanding answers on federal pandemic relief funds that flowed from the Biden ...
Fox News

SBA freezes over 100,000 California borrowers in sweeping $9B pandemic fraud crackdown

The Small Business Administration (SBA) announced Friday it had suspended more than 100,000 California borrowers amid suspected fraud, with the alleged abuse totaling nearly $9 billion. SBA ...
MarketWatch

SBA Suspends 111,620 California Borrowers Suspected of Committing $8.6 Billion in Pandemic-Era Fraud

WASHINGTON, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Today, following a visit to San Diego, U.S. Small Business Administration (SBA) Administrator Kelly Loeffler announced that the agency has suspended ...
New York Post

Senators ask for breakdown of Minnesota fraud impact on SBA: ‘Field day at taxpayers’ expense’

WASHINGTON — A group of senators is pushing the Small Business Administration to give a detailed breakdown of its probe of the sweeping Minnesota welfare fraud scandal. Last month, SBA Administrator ...