WASHINGTON, Oct. 16 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:
Brad D. Schimel, First Assistant United States Attorney for the Eastern District of Wisconsin, announced a settlement with Miracle-Ear, Inc., and the Miracle-Ear Foundation to settle claims that they improperly obtained three loans through the Paycheck Protection Program ("PPP"). Miracle-Ear and its foundation agreed to pay $6,473,222 to resolve the government's claims.
Congress enacted the PPP in March 2020 to provide emergency assistance to small businesses suffering from the economic impact of the COVID-19 pandemic.The program was operated by the Small Business Administration (SBA) and allowed ...