N.J. U.S. Attorney: South Carolina Construction Company and Its Owner Settle Matter Alleging Receipt of Improper CARES Act Loans
April 27, 2024
April 27, 2024
NEWARK, New Jersey, April 27 -- The office of the U.S. Attorney for the District of New Jersey issued the following news release on April 26, 2024:
A construction company based in South Carolina and its owner entered into a settlement agreement with the United States resolving allegations that the company violated the False Claims Act by taking two Paycheck Protection Program (PPP) loans and an Economic Injury Disaster Loan (EIDL) to which the company was not entitled, U.S. Attorney . . .
A construction company based in South Carolina and its owner entered into a settlement agreement with the United States resolving allegations that the company violated the False Claims Act by taking two Paycheck Protection Program (PPP) loans and an Economic Injury Disaster Loan (EIDL) to which the company was not entitled, U.S. Attorney . . .