From The Sun-Sentinel:
A Tamarac city commissioner’s church received more than $36,000 in federal loans that are meant to help struggling workers during the COVID-19 pandemic, but public records show the church might not have qualified for the money.
Bolton’s church received a $25,300 loan on May 1, 2020, and another $11,000 on March 3, 2021, according to the U.S. Small Business Administration, which tracks loan data from the federal Paycheck Protection Program, also known as PPP. For each loan, 12 employees were reported.
Under Florida law, employers must provide workers’ compensation insurance for their employees, but the state says the church provided no record of having the employees, as is required.
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The company I work for applied for and received a $20,500 PPP loan. We also were required to produce copies of W-2s and 1099s, which we did. What will happen to Bolton if his church can’t produce the required documentation to justify the loans? Asking for a friend.
I hope they have to pay it back