Saturday, March 22, 2025

Bush League

The scam didn't hold:
According to the indictment, Merritts received an $8,500 Small Business Administration loan in July 2020 under the Economic Injury Disaster Loan Program for the Vetted Couriers moving business. In the application, he claimed he had six employees and revenue of $32,000 the year prior. Merritts allegedly filed for another $10,000 SBA loan in July 2020 under the same program. In that application, he listed the business name as “Cortney Merritts,” which employed 10 people the year prior with revenues of $53,000... The SBA rejected the application because it was nearly identical to the Vetted Couriers application, according to federal prosecutors. Merritts the following year, in April 2021, submitted a Paycheck Protection Program loan for the business “Cortney Merritts.” In that application, he claimed $128,000 in income for the year and was given a PPP loan for $20,832.
No more con games here...

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