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SBA Freezes 111,000 California Borrowers in Fraud Crackdown

Filed: Feb 06, 2026 at 10:02 PM ET
Summary: SBA suspends over 111,000 borrowers in California amid $9B fraud investigation.
WHO: SBA
WHAT: Suspended loans
WHEN: Feb 06, 2026 at 9:30 PM ET
WHERE: California
WHY: To combat suspected pandemic loan abuse
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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