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Board notified of DOJ inquiry into association’s 2021 PPP loan

Lake Ridge Parks and Recreation Association, Inc. (LRPRA) Board · March 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

President Ron Yoho informed the board that the Department of Justice sent a letter on March 10 notifying the association it is under investigation concerning the forgiven Paycheck Protection Program loan received in 2021. Legal counsel has been informed.

President Ron Yoho told board members on March 11 that the association received a letter on March 10 from the U.S. Department of Justice notifying the association it is under investigation regarding the forgiven Paycheck Protection Program (PPP) loan the association received in 2021. Yoho said legal counsel has been notified and the board will be updated as more information becomes available.

The minutes record the notification but do not include details of the DOJ letter, the scope of the investigation, or any requests for documents. The board recorded that legal counsel has been informed; no executive session was held and no further board direction is recorded in the minutes.

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