Two Companies Agree to Pay $3.9 Million to Resolve False Claims Act Allegations Relating to Paycheck Protection Program Loans
Glow Networks, Inc. (“Glow Networks”), a Delaware corporation with its principal place of business in Texas, and Secova, Inc. (“Secova”), a Delaware corporation with its principal place of business in New Jersey, have agreed to pay $3,869,102.68 to resolve allegations that they improperly obtained Paycheck Protection Program (“PPP”) loans from the U.S. Small Business Administration (“SBA”) for which they were not...
What happened
Glow Networks, Inc. (“Glow Networks”), a Delaware corporation with its principal place of business in Texas, and Secova, Inc. (“Secova”), a Delaware corporation with its principal place of business in New Jersey, have agreed to pay $3,869,102.68 to resolve allegations that they improperly obtained Paycheck Protection Program (“PPP”) loans from the U.S. Small Business Administration (“SBA”) for which they were not...
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1 reports · 1 original report · 1 independent
- U.S. Department of JusticePrimary source · Supports · EN · 100%Two Companies Agree to Pay $3.9 Million to Resolve False Claims Act Allegations Relating to Paycheck Protection Program Loans ↗
Claims
- Two Companies Agree to Pay $3.9 Million to Resolve False Claims Act Allegations Relating to Paycheck Protection Program Loans Observed
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Timeline
- First reported
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