This loan was approved on 4/13/2020 and has been fully dispersed.
Dothan Security Inc
600 West Adams St Dothan, AL 36303-4306
Dothan Security Inc is a Security Guards and Patrol Services Subchapter S Corporation located at 600 West Adams St Dothan, AL 36303-4306 with 500 employees.
During round 1 of the paycheck protection program, Dothan Security Inc requested a PPP loan for $10,000,000.00. They were approved on 4/13/2020 by the SBA for an amount of $10,000,000.00. The loan was facillitated by Midsouth Bank. Of the approved amount, Dothan Security Inc has received 100% of the approved amount.
No related loans found.
Billions of dollars dispersed in the form of fraudulent PPP Loans have been identified since September 2020
Congress has launched a formal inquiry into possibly fraudulent Paycheck Protection Program loans provided by internet lenders such as BlueVine and Kabbage.
According to the Philadelphia Business Journal, the owner of a Philadelphia construction company is facing fraud charges for allegedly falsifying information on a Paycheck Protection Program loan application in order to obtain nearly $1 million, which he used to purchase a variety of big-ticket items, including a new house in Florida.