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Feds accuse Springfield restaurateur of using PPP loan for renovations
The owner of multiple Springfield restaurants has been accused by the government of fraudulently using Paycheck Protection Program money for home improvement projects. John Michael Felts − whose restaurants include Bourbon & Beale, Hot Cluckers and Taco Habitat − is accused in a lawsuit filed last week by the federal government of using the loan money, obtained under more than a dozen different identities and companies, to purchase and improve other properties. Federal officials have not filed criminal charges but are asking for forfeiture of four properties in Greene County. Records show that Felts applied for around a dozen PPP loans using several different companies, most of which “did not…