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In April 2022, McClarrin applied for loan forgiveness for the $21,000 PPP loan. He stated on the application forms that he had 20 employees and had spent $20,000 of the loan on payroll costs.
A Cincinnati man has been sentenced to prison for committing wire fraud as part of a scheme to fraudulently obtain a COVID-19 relief loan, ... Kelton McClarrin, ... (PPP) under false pretenses.
In April 2022, McClarrin then applied for loan forgiveness for the PPP loan. In his application, he claimed he had 20 employees and spent $20,000 of the loan on payroll costs. If convicted ...
In April 2022, McClarrin applied for loan forgiveness for the $21,000 PPP loan. He stated on the application forms that he had 20 employees and had spent $20,000 of the loan on payroll costs.
Small businesses in Greater Cincinnati got as much as $6.9 billion in forgivable loans as part of the $2 trillion CARES Act to bail out the U.S. economy.
CINCINNATI (WKRC) - A man who received close to $21,000 in COVID relief funds, is going to prison for filing a false loan application. Kelton McClarrin was sentenced to a year and a half in prison.