Urbandale Business Man Sentenced to 24 Months in Federal Prison for PPP Loan Fraud and Bankruptcy Fraud

Source: United States Department of Justice Criminal Division

DES MOINES, Iowa –An Urbandale man was sentenced on October 1, 2026 to 24 months in federal prison for making false statements on a Small Business Administration (SBA) Paycheck Protection Program (PPP) loan application and false declarations during subsequent bankruptcy proceedings.