Home / Crime / Kelly Loeffler unveils sweeping SBA fraud audit of $50 billion program

Kelly Loeffler unveils sweeping SBA fraud audit of $50 billion program

Small Business Administrator Kelly Loeffler announces audit of $50 billion program and bans 112,000 California borrowers from future SBA assistance over COVID-era loan fraud.

Small Business Administrator (SBA) Kelly Loeffler unveiled a sweeping fraud crackdown on Wednesday, announcing an audit of a decades-old $50 billion program she said has “never been looked at” and barring 112,000 borrowers from future aid over COVID-… [1553 chars]

Source: Fox Business | Published: 2026-03-11T16:21:29Z

Credit: Fox Business

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