SBA Releases Information on Who Benefited From PPP, EIDL Loans
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SBA Releases Information on Who Benefited From PPP, EIDL Loans
Dec 2, 2020
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“According to allegations in the indictment, between April 2020 and September 2021, the defendants conspired to execute a scheme to defraud the Small Business Administration’s (SBA) Economic Injury Disaster Loan (EIDL) program and its Paycheck Protection Program (PPP) and obtain COVID pandemic relief funds for their purported businesses, through the submission of loan applications that contained false information or false documentation. It is alleged that the false documentation generally includ
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