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Minnesota Rocked as SBA Freezes Loans; Kelly Loeffler Moves After Nick Shirley
02 January,2026 03:02 PM
Minnesota is in the national spotlight as federal agencies open an unprecedented wave of reviews into daycare subsidies, pandemic-era loans and long-ignored public-aid irregularities. What began with Nick Shirley highlighting “daycare ghost towns”, facilities sitting completely empty while receiving massive federal payments, has now expanded into one of the largest fraud inquiries the state has seen since the Feeding Our Future scandal. The situation escalates further as the SBA freezes thousands of PPP and EIDL loans in Minnesota, with Kelly Loeffler publicly revealing sweeping suspensions totaling hundreds of millions of dollars. Federal oversight bodies now warn that over $200 billion in pandemic loans across the country may be suspect, prompting new inquiries into Somali-linked nonprofits, childcare operators, housing initiatives and autism-service programs. WATCH
