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 ...

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 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 ...
JD Supra

SBA Suspends Over 1,000 8(a) Participants After Program-Wide Audit Data Request While DoW Announces Line-By-Line Review of All Small Business Awards Over $20 Million

The U.S. Small Business Administration (SBA) has suspended 1,091 participants in the 8(a) Business Development Program after concluding that those firms did not timely submit required documentation in ...
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 ...
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 ...