SOUTH BAY, Fla. (CBS12) — A man has been arrested after allegedly misusing a Paycheck Protection Program loan intended for a nonexistent daycare center to fund a lavish Disney vacation and dining splurges.
The Palm Beach County Sheriff’s Office (PBSO) said that Adrian Lockhart received a Paycheck Protection Program (PPP) loan in April of 2021 for his alleged daycare center named “Playhouse.”
According to the probable cause affidavit, Lockhart’s bank records showed that he was receiving weekly paychecks for working with a lawn service business. Furthermore, officials said that there were no records of any daycare supplies being purchased with his account, and records showed that Lockhart never had a business with the name “Playhouse.”…