Winfield Woman Ordered to Repay Funds from PPP Loan Fraud
Summary
A press release from the Federal Bureau of Investigation (FBI) and USAO - Indiana, Northern, published September 26, 2025, announced by Acting United States Attorney M. Scott Proctor. It states that Jade Price, 29 years old, of Winfield, Indiana, was sentenced by United States District Court Judge Damon R. Leichty after pleading guilty to wire fraud. Price was sentenced to 12 months of probation and ordered to pay $80,355.18 in restitution to the Small Business Administration. According to documents in the case, Price falsely claimed gross income for a business when applying for four Paycheck Protection Program (PPP) loans.
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“Winfield Woman Ordered to Repay Funds from PPP Loan Fraud.”
Original at www.justice.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2025-09-26-winfield-woman-ordered-to-repay-funds-from-ppp-loan-fraud-0-e2e92f8ee6/
, SHA-256 f62f43eba6aa28e3a7571af3134502946bff357523167d462d226330cb555790.Full text
SOUTH BEND – Jade Price, 29 years old, of Winfield, Indiana, was sentenced by United States District Court Judge Damon R. Leichty after pleading guilty to wire fraud, announced Acting United States Attorney M. Scott Proctor. Price was sentenced to 12 months of probation and ordered to pay $80,355.18 in restitution to the Small Business Administration. According to documents in the case, Price falsely claimed gross income for a business when she applied for four Paycheck Protection Program (PPP) loans. The PPP program provided loans to small businesses for job retention and other expenses as part the CARES Act and for emergency financial assistance to Americans suffering from the economic impact of the COVID-19 pandemic. As a result of her fraudulent representations, Price received PPP funds which she used for her own benefit on personal items. This case was investigated by the Federal Bureau of Investigation. The case was prosecuted by Assistant United States Attorney Jerome W. McKeever.
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