Kelly Loeffler freezes all SBA grants to Minnesota.

BREAKING: The Small Business Administration Drops HAMMER on Somali Fraud, Cuts Off All Minnesota SBA Administrator Kelly Loeffler tells me she is “disgusted and sickened” by Nick Shirley’s expose of Somali small business fraud and is taking immediate action. SBA is cutting off and clawing back ALL SBA grants to Minnesota, effective immediately. She says …

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Kelly Loeffler exposes shocking SBA loan fraud involving 3,500 over-114-year-olds, $330 million in loans to children under 11

How on earth did the SBA end up doling out $330 million in loans to children under 11? It’s hard to believe, but that’s exactly what happened. This isn’t just some game of Monopoly—real money was handed out like candy. The question we all should be asking is: How did this slip through the cracks? …

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