A Wisconsin man was sentenced today to 57 months in prison for fraudulently obtaining over $1 million in Paycheck Protection Program (PPP) loans guaranteed by the Small B...
Carmelo Ramos was left without a second-draw PPP loan when he gave back the cash because he qualified for more money. Then the program ended unexpectedly.
The deadline to apply for PPP funding is May 31 – unless the money runs out sooner.
Michigan businesses have received more than $24 billion in PPP loans, including $8 bil...