Politics

SBA freezes over 100,000 California borrowers in sweeping B pandemic fraud crackdown

NEWYou can now listen to Fox News articles! The Small Business Administration (SBA) announced Friday it had suspended more than 100,000 California borrowers amid suspected fraud, with the alleged abuse totaling nearly $9 billion.SBA Administrator Kelly Loeffler said the agency suspended 111,620 California borrowers linked to suspected fraudulent activity across…