Bergen County Company Settles Matter Alleging Receipt of Improper CARES Act Loans
… False Claims Act by taking a Paycheck Protection Program (PPP) loan to which it was not entitled, Acting U.S. Attorney … Works, Inc. (Ulma) applied for and received a $2 million PPP loan. Under the eligibility rules in effect at that … with more than 300 employees were not eligible for PPP loans. Applicants were instructed that the 300-employee …