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New York: Wednesday, August 12, 2020
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Michigan ice cream shop owner denies getting millions in PPP money, calls it 'a grave error'

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TRAVEL & LIFESTYLE:
Michigan ice cream store owner rejects getting millions in PPP cash, calls it ‘a serious mistake’

The owner of a little store, Charlie’s Round the Corner Ice Cream, in Saugatuck, Mich., was stunned when she understood she had actually been noted as a recipient of $2 million under the Income Defense Program (PPP).

“I answered the phone and I thought this was some kind of a joke,” owner Lisa Freeman, 54, informed the Detroit Free Press. “I learned about this from a reporter over here.”

The Small Company Administration (SBA) just recently launched information detailing receivers of the PPP licensed by Congress in order to fight service closures triggered by the coronavirus pandemic.

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Organisations that got more than $150,000 were noted by name, whereas smaller sized loans left out the very same information.


Freeman’s ice cream store was supposedly noted near the leading tier receivers in the $2 to 5 million loan variety, beside Zehnder’s of Frankenmuth, Friend’s Pizza and National Coney Island, according to the regional publication.

However the SBA informed the Detroit Free Press that “the quantities noted are the quantities authorized, not always the quantities paid out.”

” The general public actually requires to be mindful,” Freeman told the newspaper Thursday. ” This is a serious mistake. Up until now we have actually not had the ability to actually get any responses regarding why it took place or what’s been done to correct it.”

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“I will clarify I did not get $2 million,” she included.

The congressional program referred to as PPP was planned to assist facilities around the nation make it through the closures and absence of service triggered by COVID-19 shutdowns by helping with expenditures and payroll.

Freeman informed the publication she is now worried about the unpredictability this brings for the future if the SBA records reveal that she got $2 million– including she’s fretted this amount of cash might suggest her taxes will be raised.


“My thing has always been if you see one mouse, there’s a hundred. This is the same thing. I’m one mouse, but there’s a hundred more or a thousand more or ten thousand more out there,” she told the Detroit Free Press Thursday. “If this isn’t exposed or uncovered to the public, is our government going to be held accountable?”

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Mistakes in the circulation of PPP loans is not distinct to Freeman’s store. Other reports have actually revealed significant mistakes in reported figures and sometimes organisations never ever got the loans that they ought to have.

” Among the most significant concerns in my own mind was, are they going to attempt to come after me for $2 million at the end of the day?” Freeman asked the publication. “This is a serious problem.”

Freeman might not be right away grabbed remark.

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