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42-year-old Tuscaloosa woman Erica Prewitt pleaded guilty to fraudulently obtaining a $96,875 PPP loan for a fictitious business in August 2020.
42-year-old Tuscaloosa woman, Erica Lasha Prewitt, pleaded guilty to defrauding the Small Business Administration's (SBA) Paycheck Protection Program (PPP) by falsely claiming her fictitious business employed 30 people and received a $96,875 loan in August 2020.
She did not own or operate a business and did not use the money to retain workers during the pandemic.
Prewitt faces a maximum penalty of 10 years in prison.
9 months ago
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