SBA Suspends Nearly 7,000 Minnesota Borrowers Over Suspected Pandemic Loan Fraud

January 08, 2026 | LOLSBA Investigation Team

The Small Business Administration continues to face mounting criticism over its handling of pandemic-era loan programs. Borrowers across the country report inconsistent treatment, unclear communication, and aggressive collection tactics.

Our investigation has uncovered patterns of behavior that raise serious questions about SBA oversight. Processing centers are overwhelmed, leading to errors that take months to correct.

If you're dealing with SBA issues, documentation is your best defense. Keep records of every communication. Save every email, letter, and phone log.

We've heard from hundreds of borrowers who feel abandoned by the system. Their stories deserve to be told.

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