Andy Sanborn received a COVID-19 Economic Injury Disaster Loan with proceeds of $844,000 and bought at least three race cars, two Porsche 987 Cayman S racers for himself, and a Ferrari F430 challenge racer as a gift for his wife, state Rep. Laurie Sanborn, R-Bedford, Formella said in a news release.
A former state senator was accused Wednesday of lying in order to get a COVID-19 relief loan for his casino and using the money to buy luxury cars for himself and his wife, a Republican leader in the New Hampshire House.
According to the investigation, former Sen. Andy Sanborn fraudulently obtained $844,000 in funding from the Small Business Administration between December 2021 and February 2022.
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