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Updated · Automotive News · Jul 23Dealership Group Settles $2.1 Million PPP Fraud Case Over COVID-Era Loans
2 articles · Updated · Automotive News · Jul 23Summary
- $2.1 million will be paid by one dealership group to settle accusations it fraudulently obtained COVID-era Paycheck Protection Program loans.
- Van Bortel Automotive Group and Jeff Wyler Automotive Family were accused of receiving millions in federal PPP funds they were not entitled to obtain.
- The settlement resolves the case for one of the two dealership groups, leaving the broader scrutiny of pandemic-relief loan eligibility in focus.
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