Small Business Administration (SBA) Administrator Kelly Loeffler and Sen. Joni Ernst (R-IA) cheered a guilty plea by an SBA loan officer who had approved over half a million dollars in fraudulent loans for herself and relatives.
The Department of Justice (DOJ) on Tuesday announced that Rena Barrett, a former SBA loan officer, pled guilty on August 11 to making false statements with applications exceeding $550,000 in fraudulent pandemic-era loans.
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