Former Olympic speedskater Allison Baver to stand trial on $10M federal PPP loan case sltrib.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sltrib.com Daily Mail and Mail on Sunday newspapers.
A federal grand jury has indicted former Olympic speedskater and Utah resident Allison Baver on nine counts that accuse her of lying to obtain $10 million from the Paycheck Protection Program.
FOX 13 Investigates: Olympian s company received $10 million in pandemic bailout despite conflicting numbers fox13now.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fox13now.com Daily Mail and Mail on Sunday newspapers.
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A temp agency, a mysterious entertainment company and a medical clinic are among the Utah businesses that last year snagged federal relief loans of $10 million, maxing out on the funding available to them through the Paycheck Protection Program.
More than 52,000 Utah companies received an infusion of cash during the first round of the small-business lending program, with 824 of those employers getting more than $1 million from the government.
For some of these businesses, the forgivable loans served as a financial life raft to get through COVID-19, helping them stave off employee layoffs or insolvency even though their profits were tanking. The payments could be used for costs from payroll to rent and utilities to interest due on existing loans.
People can now look up which Utah businesses split $5 billion bailout msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.