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The Small Business Administration has suspended 6,900 borrowers in #Minnesota amid one of the largest COVID-era loan fraud investigations in U.S. history. Nearly $400 million in PPP and EIDL loans have been flagged as potentially fraudulent, including funds linked to a #Somali fraud scheme in Minneapolis. SBA Administrator Kelly Loeffler said those involved will be banned from all SBA programs and referred to federal law enforcement. Watch | The Times of India
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