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For the Nov. cuatro, 2020, Keilholz allegedly put PPP loan continues to cover an excellent 2021 Chevrolet Tahoe that he offered to Brockman. For the Jan. 18, 2021, Keilholz presumably put PPP financing proceeds to shop for entry on the Jan. twenty four, 2021, AFC Title Online game between your Ohio Area Chiefs and also the Buffalo Expenses. Such gifts, the newest indictment states, was intended to determine and you will reward Brockman regarding the Keilholz’s applications to possess PPP financing and you will Keilholz’s software to your forgiveness from PPP financing. According to you to separate indictment, Keilholz acquired a maximum of $12,430,932 within the PPP finance to own their five businesses. Keilholz allegedly excessive the cash of those companies and you can stated payrolls to possess team which didn’t exist if any prolonged struggled to obtain your. Keilholz could have been billed in the an alternative indictment to possess their role in the a more than just $27.1 million lender ripoff system you to included more than $twelve.cuatro million inside the PPP finance to possess his organizations.
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