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EconomicUnited States·3 Nov 2026

Strand Bookstore to Pay $1.5 Million Over PPP Loan Eligibility

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The Strand bookstore, owned by Nancy Bass Wyden, agreed to a $1,482,560 civil settlement regarding an ineligible $932,350 Paycheck Protection Program (PPP) loan. The U.S. Attorney’s Office for the District of Columbia stated that Bass Wyden falsely certified on the 2021 application that no spouse of a Member of Congress held a controlling interest in the…

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