Name: 7000 Borrowers Being Investigated for... | American Thought Leaders | Gan Jing World
Uploaded: 2026-01-10T00:28:54.915Z
Duration: 28 min 58 s
Description: 🔵 Support independent journalism and subscribe to The Epoch Times now for just $1 per week: https:/... | Videos | Gan Jing World - Technology for Humanity | Video & Movie Streaming

American Thought Leaders

https://video1-us-west.cloudokyo.cloud/video/v13/69/40/bd/6940bd6d-7494-4a79-9025-658728b147aa/master.m3u8

🔵 Support independent journalism and subscribe to The Epoch Times now for just $1 per week: https://theepochtim.es/ATLUSA

Canada Edition: https://theepochtim.es/ATLCA

🔵 Sign up for the American Thought Leaders ALERTS newsletter to stay up-to-date on new episodes, releases, and special events 👉 https://ept.ms/ATLnewsletter

The Small Business Administration (SBA) recently suspended nearly 7,000 Minnesota borrowers for suspected fraud in pandemic-era small business loans totaling nearly $400 million.

“We worked through the holidays, from Thanksgiving up to New Year’s on about 20,000 different files, found about 8,000 instances of fraudulent loans, and moved quickly to make sure that those borrowers … could never access the services of the SBA again,” said SBA Administrator Kelly Loeffler.

They’ll now be taking the same model to investigate other states for COVID-era abuse of the Paycheck Protection Program and Economic Injury Disaster Loans.

In this episode, I sat down with Loeffler to understand her work targeting fraud nationwide, bolstering domestic manufacturing, cutting regulations, and ending politically motivated debanking.

Loeffler grew up on a family farm in Illinois, was the first in her family to graduate from college, and later became a successful businesswoman in finance and FinTech before becoming a U.S. senator and now head of the SBA.

💛 Support us 👉https://donorbox.org/american-thought-leaders


-------------------------------------------------
© All Rights Reserved.

7000 Borrowers Being Investigated for COVID Loan Fraud | SBA Chief Kelly Loeffler

American Thought Leaders