A Washington man pleaded guilty today to perpetrating a scheme to fraudulently obtain COVID-19 relief guaranteed by the Small Business Administration (SBA) through the Economic Injury Disaster Loan and the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief and Economic Security (CARES) Act. Nicholas L. McQuaid, Acting Assistant Attorney General of the Justice Department’s […]
Tag: Loan
Owner of online Payday Loan Company pleads guilty to bankruptcy fraud
A Mission Hills, Kansas, man pleaded guilty in federal court to a bankruptcy fraud scheme related to his online payday loan company. Del H. Kimball, 53, waived his right to a grand jury and pleaded guilty before U.S. Chief District Judge Beth Phillips to one count of bankruptcy fraud. By pleading guilty, Kimball admitted that […]
Audio: Milan Superintendent Ben Yocum expects gym project to be finished by early February
Milan C-2 Superintendent Ben Yocom says the school district’s building project is behind but “going well” with “all things considered.” He expects the gym to be finished by the beginning of February. It will not be done by the start of the Milan basketball tournament on January 11th. He notes the weather and […]
USDA Announces Commodity Credit Corporation lending rates for January 2021
The U.S. Department of Agriculture’s Commodity Credit Corporation announced interest rates for January 2021, which are effective January 4-January 31. These rates are used for a variety of farm credit options available through USDA’s Farm Service Agency (FSA). The CCC’s borrowing rate-based charge is 0.125%, the same as December. The interest rate for crop year commodity […]
Year In Review: Missouri’s Governor highlights successes in 2020
As 2020 comes to a close, Governor Mike Parson highlights the state’s many successes and accomplishments despite the challenges of the past year. “Although 2020 has brought many challenges, we remained committed to serving the people of this state and moving Missouri forward,” Governor Parson said. “We still made great strides in advancing Missouri’s economy, workforce, and […]
Chillicothe City Council to consider three ordinances at next meeting
The Chillicothe City Council will consider three ordinances next week regarding a bid, an engineering contract, and a purchase agreement. The council will meet in the Chillicothe Municipal Utilities meeting room on the evening of December 28th at 6:30. One ordinance would accept a bid for a new asphalt paver. Another would accept an engineering […]
Grundy County Nursing Home District Board of Directors presented information on a variety of topics at latest meeting
The Grundy County Nursing Home District Board of Directors heard about various topics at its meeting on December 15th. It was announced the United States Department of Agriculture approved the energy project. Administrator Jerry Doerhoff explained the project involves replacing the boiler and putting in mini-split units in each resident room. Each of those units […]
Audio: Missouri Attorney General announces settlement with mortgage servicer Nationstar
Missouri’s Attorney General and 50 other attorneys general have reached an 86-million dollar settlement with the nation’s fourth-largest mortgage servicer. Schmitt says the consent judgment resolves allegations that Nationstar violated consumer protection laws during its servicing of mortgage loans. Schmitt says the agreement will provide 850-thousand dollars in relief, for more than 800 […]
Audio: Missouri’s U.S. House members vote along party lines to decriminalize marijuana
The Democrat-controlled U.S. House of Representatives has voted largely along party lines in favor of decriminalizing marijuana at the federal level. Missouri’s Democratic members voted in support and Republicans voted against the plan. GOP Congresswoman Ann Wagner did not vote on the measure. The Marijuana Opportunity Reinvestment and Expungement Act, or MORE Act, would remove […]
Arkansas project manager sentenced to two years in prison in connection with COVID-19 relief fraud
A project manager employed by a major retailer was sentenced to 24 months in prison followed by five years of supervised release for fraudulently seeking more than $8 million in forgivable loans guaranteed by the Small Business Administration under the Coronavirus Aid, Relief, and Economic Security (CARES) Act announced Acting Assistant Attorney General Brian C. […]
State of Missouri recognizes National Small Business Week
This week, the state of Missouri joins many others across the nation in recognizing National Small Business Week. Small businesses have a major impact on Missouri’s economy, as more than 45 percent of employed Missourians receive a paycheck from working at a small business. In 2019, Missouri’s small businesses created 13,855 net new jobs. More […]
Seven charged in connection with COVID-relief fraud scheme involving at least 80 fraudulent loan applications
Seven individuals across two states were charged in an indictment unsealed for their alleged participation in a scheme to obtain approximately $16 million in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Amir Aqeel, 52, and Pardeep Basra, 51, both of […]
USDA invests $25 million in East Locust Creek Reservoir Project
The U.S. Department of Agriculture has invested an additional $25 million in the East Locust Creek Reservoir Project. “This investment in the East Locust Creek Reservoir Project is great news for families, farmers, and local businesses,” said Senator Roy Blunt. “These additional resources will get us one step closer to finishing the project and bringing […]
‘Won’t be able to survive’: Childcare centers serving low-income Missourians face closure
(Missouri Independent) – Cortaiga Collins doesn’t know how much longer her childcare center will survive. Only about a dozen children have been attending regularly amid the pandemic. Under normal circumstances, she used to serve as many as 100. She’s already had to reduce the hours that Good Shepherd Preschool and Infant/Toddler Center in St. Louis […]
Trenton City Council approves repairs for 19-year old fire truck; approves health insurance rates for 2021
Trenton City Council on Monday night authorized more repairs to a 19-year-old fire department truck. The council also accepted the employee health insurance rates for next year. Fire Chief Brandon Gibler told the council the American LaFrance white fire truck was taken to an Oak Grove business to diagnose repairs that are needed to the […]
Student loan default rate continues to decrease in Missouri
According to the U.S. Department of Education, Missouri’s three-year loan default rate decreased two-tenths of a percent, keeping Missouri’s rate lower than many of its neighboring states and on par with the national rate. Missouri’s student loan default rate dropped from 9.9 percent to 9.7 percent. The national rate decreased from 10.1 percent to 9.7 […]
Remedial education changes show continued improvement to student success
Remedial education rates continue to decline at Missouri’s public colleges and universities, potentially reducing the amount of time and money it takes for many students to earn a degree. The Missouri Department of Higher Education & Workforce Development recently published its Annual Report on the Condition of College and Career Readiness, showing the number of […]
Former Missouri business owner sentenced to 8-years in prison without parole for $30 million fraud schemes
A former Missouri business owner was sentenced in federal court for a series of fraud schemes totaling more than $30 million. “This white-collar thief maintained his lavish lifestyle by stealing millions of dollars from his clients, partners, and lenders to build expensive homes, buy luxurious cars, and take numerous vacations,” said U.S. Attorney Tim Garrison. […]
Trump administration invests more than $250,000 to support rural Missouri communities
The Trump Administration, along with the Department of Agriculture Rural Development State Director for Missouri Jeff Case, today announced that the USDA is investing $254,621 in Rural Community Development Initiative grant funds to bolster rural housing, community programs, and economic development. “The USDA Rural Development RCDI program capitalizes on public/private partnerships to provide training and […]
NW Electric Power Cooperative in Cameron receives $35 million loan to improve infrastructure
The U.S. Department of Agriculture has announced a $35,381,000 loan to the NW Electric Power Cooperative of Cameron to improve 27 miles of electric line. NW Electric maintains 130 sub-stations and approximately 18,000 miles of transmission line while delivering wholesale power to seven distribution cooperatives including from this immediate area, Farmer’s Electric in Chillicothe, Grundy […]