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Tag: PPP

Federal government to investigate PPP loan fraud

FORT MYERS, Fla. – Over the last year and a half, billions of taxpayer dollars were sent to companies struggling during the height of the pandemic. The U.S. government has good reason to believe it wasn’t all legitimate. More than 900,000 companies in Florida alone applied for money from The Paycheck Protection Program known as PPP. A number of businesses like the Broadway Palm Dinner Theater in Fort Myers were able to secure a PPP loan to keep their doors open and keep people employed. The federal government said not every company secured loans quite so honestly. Broadway...

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