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SBA DEMANDS TMOS,O'MEARA REPAY PPP FUNDS!
Posted by: LoudounLarry ()
Date: July 28, 2022 02:13PM

BREAKING NEWS! SBA DEMANDS TMOS, MIKE O'MEARA REPAY COVID-19 PPP FUNDS!

ON YESTERDAYS TMOS SHOW, MIKE O'MEARA, (MICHAEL S. O'MEARA, INC, MARYLAND/FLORIDA, REGISTERED AGENT JOEL R. KASWELL) ANNOUNCED THAT THE SBA THRU BANK OF AMERICA IS DEMANDING THAT HE REPAY IN FULL, THE TENS OF THOUSANDS OF COVID-10 PAYCHECK PROTECTION PROGRAM FUNDS THAT HE RECEIVED.

RARE, BECAUSE IF A BUSINESS USED THE COVID FUNDS AS DESIGNATED BY THE GUIDELINES OF THE PROGRAM, THOSE PPP FUNDS ARE 100% FORGIVEN.

WHY NOT FOR O'MEARA?

FRAUD?

JAIL TIME?

STAY TUNED!

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Re: SBA DEMANDS TMOS,O'MEARA REPAY PPP FUNDS!
Posted by: BuzzInFlorida ()
Date: July 28, 2022 04:47PM

Wait, if that PPP was for employees and Mike pays the TMOS crew as independent contractors? how does that work?

Did Oscar claim the same employees on the Podcast Village PPP funds?

Slim Shady?

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Re: SBA DEMANDS TMOS,O'MEARA REPAY PPP FUNDS!
Posted by: BartenderJimmy ()
Date: July 28, 2022 09:56PM

Remember last summer when Mike and his wife tried to rig their local 'Best Of' cosmetic contest by having TMOS fans vote for her.

They received a lifetime ban and a 'cease & desist' letter from the magazines lawyers.

If your not cheating, your not trying

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Re: SBA DEMANDS TMOS,O'MEARA REPAY PPP FUNDS!
Posted by: Jenny Marks ()
Date: July 29, 2022 12:44AM

Could it be as simple as he is an idiot and didn't fill out the paper work to prove the funds were used the way they were supposed to be? He never struck me as a very bright man. He did dump his second wife Laura who was a great person.

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Re: SBA DEMANDS TMOS,O'MEARA REPAY PPP FUNDS!
Posted by: LoudounLarry ()
Date: July 29, 2022 11:52AM

Jenny Marks Wrote:
-------------------------------------------------------
> Could it be as simple as he is an idiot and didn't
> fill out the paper work to prove the funds were
> used the way they were supposed to be? He never
> struck me as a very bright man. He did dump his
> second wife Laura who was a great person.

The PPP Loan Forgiveness Application 1 and 2, was a simple, straightforward form - there was a "reply by" date.

First & Second Draw PPP loans made to eligible borrowers qualify for full loan forgiveness if during the 8- to 24-week covered period following loan disbursement:

1. Employee and compensation levels are maintained,
2. The loan proceeds are spent on payroll costs and other eligible expenses, and
3. At least 60% of the proceeds are spent on payroll costs.

At this point, O'Meara failed the direct SBA forgiveness thru his lender, I think is Bank of America.

I'd now go thru SBA directly for an appeal - start that process today!

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