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The Ozaukee Country Club has agreed to pay $750,000 to settle allegations that it improperly received a loan through the federal Paycheck Protection Program, or PPP.
The PPP was created during the COVID-19 pandemic to help small businesses and nonprofits struggling with the economic impact of the shutdowns. The loans were backed by the federal government and could be forgiven if the money was used for eligible expenses.
According to the government, the Ozaukee Country Club didn’t qualify for the program because private clubs that restrict membership are not eligible for SBA-backed PPP loans.
The settlement resolves the government’s claims related to the loan. However, the country club does not admit any wrongdoing, and no court has determined that it is liable.
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