Two German-owned companies pay $2.1 million to resolve allegations of fraudulent PPP loans

Source: United States Department of Justice Criminal Division

U.S. Attorney Michael DiGiacomo announced today that Kemper Systems America, Inc. and Thermacut, Inc. agreed to pay $2.1 million to resolve False Claims Act allegations of improperly obtained Paycheck Protection Program loans from the U.S. Small Business Administration for which they were not eligible to receive.