Tag: VSM Abrasives Corp.
$2.2 Million Settlement: Missouri Company Repays Pandemic Loan
⏱ 2 min read A Missouri manufacturer, VSM Abrasives Corp., has agreed to repay $2.2 million for a pandemic-era loan the company allegedly obtained by lying about its employee headcount. The loan, worth $2 million, was part of the government’s Paycheck Protection Program, designed to save jobs and provide relief to small businesses affected by…
