Based in Milford, IGNITE owns 134 Planet Fitness locations in the U.S. and Canada. In 2021, the franchise allegedly received ...

A Houston-based company, Magseis FF LLC, has paid over $4 million to resolve allegations of fraudulently securing Paycheck ...

(KNSI) – The U.S. Small Business Administration has suspended nearly 7,000 Minnesota borrowers over suspected fraudulent ...

The House Small Business Committee has asked the Small Business Administration for records on pandemic relief funds tied to ...

A co-founder of a lender service provider has been sentenced to 10 years in prison for orchestrating a scheme to fraudulently obtain over $65 million in Paycheck ...

The Minnesota Star Tribune has previously reported on pandemic-era fraudsters stealing from the Small Business Administration ...

The agency’s leader said a review over the past week flagged $400 million in loans to Minnesotans with “suspected fraudulent ...

After SBA's suspension of 6,900 Minnesota borrowers over suspected fraud, New York senators called for an independent audit ...

PPP loans are fully forgivable if requirements are met. EIDL loans advance up to $15,000 don't require repayment. Other SBA ...

Loeffler says the SBA suspended 6,900 borrowers in Minnesota, adding they were approved for 7,900 PPP and EIDL loans worth ...

Kelly Loeffler says 6,900 borrowers were suspended for 7,900 PPP and EIDL loans worth approximately $400 million.

On Thursday, Administrator of the U.S. Small Business Administration (SBA) Kelly Loeffler announced on X that the SBA has banned nearly 7,000 Minnesota borrowers from all SBA loan programs.