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Woman allegedly goes on shopping spree after receiving $150K COVID-19 loan By Catherine Park Biden discusses boost in pandemic lending to smallest businesses President Joe Biden is temporarily targeting PPP loans to help the nation s smallest businesses and ventures owned by women and people of color. CHARLOTTE, N.C. - A North Carolina woman was indicted for fraudulently obtaining a COVID-19 small business loan amounting to nearly $150,000, and is accused of using it to shop at Nordstrom, Neiman Marcus, Louis Vuitton and other retailers, according to the U.S. Department of Justice. Jasmine Johnnae Clifton, 24, allegedly engaged in a scheme to defraud the SBA by obtaining an Economic Injury Disaster Loan (EIDL) based on false information, a news release stated.

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