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Event Brief

SBA Freezes 111,000 California Borrowers in Fraud Crackdown

SBA suspends over 111,000 borrowers in California amid $9B fraud investigation.
WHO: SBA
WHAT: Suspended loans
WHEN: Feb 6, 2026 at 9:30 PM ET
WHERE: California
WHY: To combat suspected pandemic loan abuse
Sources (1): Fox News

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