RelyOn Nutec USA LLC has agreed to pay $2,389,213 to resolve allegations that it fraudulently obtained a Paycheck Protection Program (PPP) loan for which it was ineligible. The company, headquartered in Houma, La., allegedly submitted false information to secure the loan. The settlement resolves allegations of PPP loan fraud.
Latest development
Media Coverage · April 23, 2026
RelyOn Nutec USA LLC agreed to pay $2.3 million to settle allegations that it obtained a Paycheck Protection Program loan by falsifying its eligibility. The company, based in Louisiana, claimed to be eligible for the loan despite being ineligible. This settlement resolves the allegations of PPP loan fraud.
newspaper Read articleCourt
Court not identified
Awaiting court metadata
Docket
Not captured
Bankruptcy
Stage
Active litigation
Active
Filed
Date unavailable
Not in the available feed
Latest Filing
RelyOn Nutec Agrees to Pay $2.3 Million to Resolve Allegations of PPP Loan Fraud
Media Coverage · Apr 23, 2026
Coverage
1 article
1 source tracked
Participants
1 Related Organization
1 linked entity
Judge
Not assigned in feed
The court metadata has not been resolved yet, so Juryvine is keeping the page conservative until a reliable court match lands.
The newest docket activity we have is a media coverage dated April 23, 2026.
The visible party/entity graph currently includes RelyOn Nutec USA LLC.
Press monitoring has found 1 related article from 1 distinct source.
RelyOn Nutec Agrees to Pay $2.3 Million to Resolve Allegations of PPP Loan Fraud is an active bankruptcy matter.
Named participants include RelyOn Nutec USA LLC. The case is currently organized around PPP loan fraud, false information, settlement.
RelyOn Nutec USA LLC has agreed to pay $2,389,213 to resolve allegations that it fraudulently obtained a Paycheck Protection Program (PPP) loan for which it was ineligible. The company, headquartered in Houma, La., allegedly submitted false information to secure the loan. The settlement resolves allegations of PPP loan fraud.
On April 23, 2026, the docket recorded a media coverage: RelyOn Nutec USA LLC agreed to pay $2.3 million to settle allegations that it obtained a Paycheck Protection Program loan by falsifying its eligibility. The company, based in Louisiana, claimed to be eligible for the loan despite being ineligible. This.
The next thing to watch is whether the latest media coverage produces a substantive order, a scheduling change, a settlement signal, or a filing that clarifies the parties' positions.
RelyOn Nutec USA LLC agreed to pay $2.3 million to settle allegations that it obtained a Paycheck Protection Program loan by falsifying its eligibility. The company, based in Louisiana, claimed to be eligible for the loan despite being ineligible. This settlement resolves the allegations of PPP loan fraud.
BOSTON – RelyOn Nutec USA LLC (RelyOn), a company headquartered in Houma, La., has agreed to pay $2,389,213 to resolve allegations that it fraudulently obtained a Paycheck Protection Program (PPP) …
Sources tracked
1 outlet · 1 article
Timeline events
1 record on file
Last updated
2 days, 11 hours ago
Juryvine aggregates docket entries from PACER/CourtListener, press coverage, and GDELT signals. Ingestion timestamps do not appear in the What Changed feed — that reflects real court activity only.