This loan was approved on 1/23/2021 and has been fully disbursed.
New Life Global Development
1800 Century Park E Los Angeles, CA 90067-1501
New Life Global Development is a Offices of Physicians (except Mental Health Specialists) Corporation located at 1800 Century Park E Los Angeles, CA 90067-1501 with 3 employees.
During round 2 of the paycheck protection program, New Life Global Development requested a PPP loan for $30,490.00. They were approved on 1/23/2021 by the SBA for an amount of $30,490.00. The loan was facillitated by Cross River Bank. Of the approved amount, New Life Global Development has received 100% of the approved amount.
Two California men have been sentenced to prison for their roles in a conspiracy to defraud the Paycheck Protection Program (PPP) and for preparing false tax returns for professional athletes.
Merton Weed Jr., 50, of Pittsburgh, Pennsylvania, was charged by a federal grand jury in Pittsburgh, Pennsylvania with being a felon in possession of a firearm. The indictment was announced by United States Attorney Scott W. Brady, and John B. Devlin, Special Agent in Charge of the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF), Pittsburgh Field Division. According to the indictment presented to the court, on February 26, 2018, Weed possessed a Smith & Wesson .38 caliber revolver and ammunition. Weed is prohibited from possessing a firearm or ammunition because of a prior conviction for voluntary manslaughter in the Court of Common Pleas of Allegheny County. The law provides for a maximum total sentence of 20 years in prison, a fine of $250,000, or both. Under the Federal Sentencing Guidelines, the actual sentence imposed would be based upon the seriousness of the offenses and the prior criminal history, if any, of the defendant. Assistant United States Attorney Ross E. Lenhardt is prosecuting this case on behalf of the government. The Bureau of Alcohol, Tobacco, Firearms and Explosives conducted the investigation that led to the prosecution of Weed. Indictments are only allegations. All persons charged are presumed innocent until and unless found guilty in court.