The federal government says it will seek forfeiture of the house if Nicholas Perkins is convicted.
WILLIAMSPORT – A Tioga County businessman has been accused of using $420,000 of government COVID-19 relief funds to buy a house for he and his wife in Alabama.
According to the charges Perkins as owner of Well Versed Oilfield Services applied for a Paycheck Protection Program loan and in April 2020 received $465,786 from the Small Business Administration. Loan proceeds were authorized to be used for employee payrolls, mortgage interest, lease utilities expenses.In May he signed a purchase agreement to buy a home on Dauphin Island in Alabama for approximately $850,000 and the following month he and his wife signed a mortgage loan application for $450,000.
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