Monday, December 29, 2025

SBA Cuts Off Grants to 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 this is due to Tim Walz refusal to enforce laws governing small businesses and the Governors allowance and facilitation of fraud.

Loeffler tells me that SBA was able to uncover half a billion dollars of fraud “within days” of investigating Minnesota.

She notes the Trump administration will focus on the “state officials” who built an “industrial-scale crime ring to rip off hardworking Americans.”

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