WASHINGTON, Oct. 22 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:
DETROIT - United States Attorney Jerome F. Gorgon Jr. announced today that 3CON Corporation, a company located in Wixom, Michigan that designs and manufactures automated production systems for the automotive and life sciences industries, has agreed to pay $1,500,439.50 to settle allegations that it violated the False Claims Act by making false statements to the U.S. Small Business Administration (SBA) to obtain a Paycheck Protection Program (PPP) loan for which 3CON was ineligible.
Congress created the PPP in March 2020 to provide emergency financial assistance to American businesses suffering fro...