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    Home»News»‘Staggering’: Trump SBA Suspends 111,620 California Borrowers-Finds Nearly $9 Billion in Suspected Small Business Fraud
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    ‘Staggering’: Trump SBA Suspends 111,620 California Borrowers-Finds Nearly $9 Billion in Suspected Small Business Fraud

    Whatfinger EditorBy Whatfinger EditorFebruary 7, 2026No Comments3 Mins Read
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    Small Business Administration Director Kelly Loeffler – SBA video screengrab

    The Trump administration’s Small Business Administration announced Friday that the agency has suspended 111,620 California borrowers connected to $8.6 BILLION in suspected pandemic fraud.

    In a press release, SBA Administrator Kelly Loeffler noted, “Once again, the Trump SBA is taking decisive action to deliver accountability in a state whose unaccountable welfare policies have created a culture of fraud and abuse at the expense of law-abiding taxpayers and small business owners.”


    Read Full Article: https://www.thegatewaypundit.com/2026/02/staggering-trump-sba-suspends-111620-california-borrowers-finds/

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