Administrator of the US Small Business Administration, 2 January 2026

The suspected MN fraudsters that SBA suspended yesterday took out nearly 8,000 loans totaling $400 million during the pandemic.

It’s why we’re investigating every socialist welfare state where criminal networks thrived at the expense of law-abiding job creators and taxpayers. pic.twitter.com/bZgEEsp6WV

— Kelly Loeffler (@SBA_Kelly) January 2, 2026