Fairfax County General :
Fairfax Underground
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
MIKE O'MEARA / TMOS MISUSE PPP FUNDS?
Posted by:
LoudounLarry
()
Date: August 01, 2022 12:14PM
MIKE O'MEARA / TMOS MISUSE PPP FUNDS?
Source: U.S. Small Business Administration (SBA)
On, May 1, 2020 Michael S. O'Meara, Inc received 28,622.00 in SBA Payroll Protection Program funds thru Bank of America. That loan was fully forgiven on February 25, 2021
On that same day, February 25, 2021. Michael S. O'Meara, Inc received via Bank of America, a second round of PPP funds for 38,813.00.
THIS TIME, ACCORDING TO HIS RANT ON A RECENT EPISODE OF TMOS AND THE SBA WEBSITE, THE SBA VIA BANK OF AMERICA, HAS AUDITED HIS APPLICATION AND REJECTED O'MEARA'S REQUEST TO HAVE ROUND 2 FUNDS FORGIVEN AND MUST BE FULLY REPAID BACK OVER 60 MONTHS + SMALL INTEREST RATE.
WHY?
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:
Employee and compensation levels are maintained in the same manner as required for the First Draw PPP loan,
The loan proceeds are spent on payroll costs and other eligible expenses,
and
At least 60% of the proceeds are spent on payroll costs
QUESTION;
IF Michael S. O'Meara, Inc DIDN'T ADHERE TO THE TERMS OF THE LOAN, ASIDE FROM PAYING THE MONEY BACK TO US TAXPAYERS, ISN'T THAT MISUSE OF FUNDS FELONY FRAUD?
SHOULD O'MEARA BE ARRESTED BY THE FEDS?
Source: U.S. Small Business Administration (SBA)
On, May 1, 2020 Michael S. O'Meara, Inc received 28,622.00 in SBA Payroll Protection Program funds thru Bank of America. That loan was fully forgiven on February 25, 2021
On that same day, February 25, 2021. Michael S. O'Meara, Inc received via Bank of America, a second round of PPP funds for 38,813.00.
THIS TIME, ACCORDING TO HIS RANT ON A RECENT EPISODE OF TMOS AND THE SBA WEBSITE, THE SBA VIA BANK OF AMERICA, HAS AUDITED HIS APPLICATION AND REJECTED O'MEARA'S REQUEST TO HAVE ROUND 2 FUNDS FORGIVEN AND MUST BE FULLY REPAID BACK OVER 60 MONTHS + SMALL INTEREST RATE.
WHY?
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:
Employee and compensation levels are maintained in the same manner as required for the First Draw PPP loan,
The loan proceeds are spent on payroll costs and other eligible expenses,
and
At least 60% of the proceeds are spent on payroll costs
QUESTION;
IF Michael S. O'Meara, Inc DIDN'T ADHERE TO THE TERMS OF THE LOAN, ASIDE FROM PAYING THE MONEY BACK TO US TAXPAYERS, ISN'T THAT MISUSE OF FUNDS FELONY FRAUD?
SHOULD O'MEARA BE ARRESTED BY THE FEDS?
Re: MIKE O'MEARA / TMOS MISUSE PPP FUNDS?
Posted by:
skinnybitch
()
Date: August 01, 2022 02:34PM
HA!
Did he use some of our taxpayer money to pay for his family vacation out West last year?
Did he use some of our taxpayer money to pay for his family vacation out West last year?
Re: MIKE O'MEARA / TMOS MISUSE PPP FUNDS?
Posted by:
SayCheese
()
Date: August 01, 2022 03:03PM
"How The Government Gets You" TMOS Podcast
Hey Mike. Like when they want their taxpayer money back because you didn't play by the spending rules? Ya, they'll come for you just like they did for those rappers who bought luxury cars and homes with their PPP $$.
Hey Mike. Like when they want their taxpayer money back because you didn't play by the spending rules? Ya, they'll come for you just like they did for those rappers who bought luxury cars and homes with their PPP $$.
Re: MIKE O'MEARA / TMOS MISUSE PPP FUNDS?
Posted by:
Uncle sam
()
Date: August 01, 2022 03:22PM
The tmos show, America’s podcast!!! Mike should at least give the government some ad spots to make barter for the loan, he might have to do 30,000 more shows lol
Re: MIKE O'MEARA / TMOS MISUSE PPP FUNDS?
Posted by:
FauciForManOfTheYear
()
Date: August 01, 2022 05:53PM
LETS SEE, $38k AND SOME CHANGE AND INTEREST OVER 60 MONTHS, THAT'S WHAT $666 PER MONTH
666, MARK OF THE TMOS / MIKE O'MEARA DEVIL.....LOL
666, MARK OF THE TMOS / MIKE O'MEARA DEVIL.....LOL