The three companies are to collectively pay over $500,000 in fines for abusing the Paycheck Protection Program.
Three Bay Area companies have agreed to pay thousands of dollars to settle allegations of Paycheck Protection Program fraud during the pandemic.Three Bay Area companies have agreed to pay thousands of dollars to settle allegations that they abused the Paycheck Protection Program during the pandemic.
La Baguette, which runs a bakery in Palo Alto, has agreed to pay $430,000. In Santa Clara, Dynamic Integrated Solutions Incorporated, an industrial equipment supplier, will pay $50,000 in civil penalties. Also paying $50,000 Priority Acquisitions Incorporated, a licensed general contractor based in Castro Valley.MORE:
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