Small Business Administrator Chief Kelly Loeffler has shut down 111,620 fraudulent loans in California, totaling $8.6 billion. The fraud is occurring mostly in Democrat districts, and it is orchestrated mostly by illegal aliens.
The enormity of it is breathtaking.
Loeffler’s announcement:
Today, following a visit to San Diego, U.S. Small Business Administration (SBA) Administrator Kelly Loeffler announced that the agency has suspended 111,620 California borrowers amid suspected fraudulent activity across SBA pandemic-era loan programs. In total, these borrowers received 118,489 Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) totaling over $8.6 billion.
“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,” said SBA Administrator Kelly Loeffler. “Today, we announced we have suspended nearly 112,000 borrowers tied to at least $9 billion in suspected fraud.
This staggering number represents the most significant crackdown on those who defrauded pandemic programs, and it illuminates the scale of corruption that the Biden Administration tolerated for years. As we did in Minnesota, we are actively working with federal law enforcement to identify the criminals who defrauded American taxpayers, hold them to account, and recoup the stolen funds. As we continue our state-by-state work, our message is clear: pandemic-era fraudsters will not get a pass under this Administration.”
Influencers checked out some of the home healthcare fraud:
TikTok influencer saw my post about the California home health care spending and decided to fact check every claim
He pulls up government data and charts to look into it for himself
Spoiler. California politicians need to go to prison immediately
“Significant fraud happening” pic.twitter.com/gWJqWvwgmM
— Wall Street Apes (@WallStreetApes) February 6, 2026