Seattle Cannabis Data Startup Headset to Pay $1M to Settle Allegations over Pandemic-Era Loan

Seattle cannabis data startup Headset to pay $1M to settle allegations over pandemic-era loan

The government alleged that Headset was ineligible for the Small Business Administration (SBA) loan it received in February 2021 — and had forgiven in August 2021 — because its work supporting the marijuana industry conflicts with federal law.

Seattle Analytics Company to Pay $1M Over Improper PPP Loan - FINCHANNEL

Seattle – A Seattle data analysis company has agreed to pay $1,012,876 to resolve allegations it improperly received a Small Business Administration Paycheck Protection Program (PPP) loan in 2021, announced First Assistant U.S. Attorney Charles Neil Floyd. Headset Inc. received a PPP loan in February 2021 and had the loan forgiven in August 2021. In […] The post Seattle Analytics Company to Pay $1M Over Improper PPP Loan appeared first on FINCHA…

Seattle's Headset Inc. Settles $1M PPP Loan Fraud Case

Seattle data firm Headset Inc. will pay over $1M to resolve claims it wrongly received a PPP loan tied to the marijuana industry.

Cannabis Analytics Company Headset to Pay More Than $1 Million Over PPP Loan Federal Prosecutors Say It Was Ineligible to Receive

The Marijuana Herald - Marijuana news and information Headset Inc., a prominent marijuana industry data and analytics company, has agreed to pay more than $1 million to resolve federal allegations that it improperly received a Paycheck Protection Program (PPP) loan because its work with marijuana businesses made it ineligible for the federal assistance. The U.S. Attorney's Office for the Western District of Washington announced Monday that Seatt…