Virginia Company to Pay $2.5 Million In Anti-Fraud Case
ROANOKE, Va. – EBI LLC (“EBI”), a Virginia company with its principal place of business in Danville, Virginia, has agreed to pay $2,541,742.12 to resolve allegations that it fraudulently obtained a Paycheck Protection Program (“PPP”) loan from the U.S. Small Business Administration (“SBA”) for which it was not eligible.
What happened
ROANOKE, Va. – EBI LLC (“EBI”), a Virginia company with its principal place of business in Danville, Virginia, has agreed to pay $2,541,742.12 to resolve allegations that it fraudulently obtained a Paycheck Protection Program (“PPP”) loan from the U.S. Small Business Administration (“SBA”) for which it was not eligible.
Why it matters
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1 reports · 1 original report · 1 independent
- U.S. Department of JusticePrimary source · Supports · EN · 100%Virginia Company to Pay $2.5 Million In Anti-Fraud Case ↗
Claims
- Virginia Company to Pay $2.5 Million In Anti-Fraud Case Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
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