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WATCH: SBA Administrator Kelly Loeffler Reveals $200 BILLION in Fraudulent PPP Loans Were Hidden by Biden Admin – “People Are Going to Jail”

Discussion at a formal meeting featuring two individuals, one speaking passionately, with red hats and coffee cups on the table, and flags in the background.
SBA Administrator Kelly Loeffler speaks at a White House cabinet meeting – May 27, 2026

Small Business Administration (SBA) Administrator Kelly Loeffler revealed during a White House cabinet meeting on Wednesday that her agency has uncovered staggering amounts of fraud, including $200 billion in fraudulent Paycheck Protection Program (PPP) loans that the Biden regime kept hush-hush. 

“We found $200 billion in fraudulent PPP loans that the Biden administration tried to hide and forgive and sweep under the rug,” she said.

Amid discussions about fraud and Vice President JD Vance’s Task Force to Eliminate Fraud, Loeffler made the stunning announcement.

As The Gateway Pundit reported, President Trump went off on the Somali fraudsters in Minnesota and Somali Rep. Ilhan Omar for pillaging the US Treasury. He further suggested that even more fraud has been discovered that will shatter the earth.

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