Firms With Troubled Pasts Got Millions of Dollars in PPP Small-Business Aid


 

 

 

(From The Wall Street Journal)

On Feb. 20, Olivet University pleaded guilty to conspiracy and falsifying business records to defraud lenders of at least $25 million in a $35 million money-laundering operation…

…Two months later, according to the SBA, the Anza, Calif.-based Christian university received a ($500,000) PPP loan.

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This article was originally posted here: https://www.ac2news.com/2020/07/firms-with-troubled-pasts-got-millions-of-dollars-in-ppp-small-business-aid/.

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