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Milledgeville woman found guilty of pandemic loan fraud scheme
['Natalie Linder']
The Union-Recorder
Way claimed 100% ownership of Propel on the PPP loan application.
Additionally, Austin used approximately $30,000 in funds from another fraudulently obtained PPP loan to pay off Way’s Mercedes-Benz.
Austin submitted a fraudulent PPP loan application on May 9, 2020, on behalf of the Austin Smith Center for Community Development (ASCCD).
As a result of this fraudulent application, ASCCD was awarded a $654,315.00 PPP loan.
Austin also obtained another fraudulent PPP loan for Propel and received $372,500 on March 15, 2021.