HOLY SMOKES: SBA Administrator Kelly Loeffler Just Revealed She Suspended ALL..

President Donald Trump’s administration is moving aggressively to root out corruption and fraud in Minnesota, freezing millions in federal aid and suspending thousands of borrowers amid what officials describe as one of the largest welfare and pandemic-era fraud schemes in U.S. history.

Federal Small Business Administration head Kelly Loeffler announced Thursday that the agency suspended 6,900 Minnesota borrowers suspected of fraudulent activity, affecting nearly 7,900 PPP and EIDL loans worth approximately $400 million.

She warned that these individuals will be banned from all SBA loan programs going forward, including disaster loans, and that cases will be referred to federal law enforcement for prosecution and repayment.

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