Louisiana Company Settles Matter Alleging Receipt of Improper CARES Act Loans for Over $2.9 Million

Source: United States Department of Justice Criminal Division

A company providing inspection, repair and maintenance services based in Harvey, Louisiana, with offices in Hackensack, New Jersey, entered into a settlement agreement with the United States resolving allegations that the company violated the False Claims Act by taking a Paycheck Protection Program (PPP) loan to which it was not entitled.