Sheri Lynn Vickery, 40, of Blanchard, has been sentenced to 22 months in federal prison and ordered to pay restitution after pleading guilty to submitting false information in a Paycheck Protection Program loan application. As office manager at Coil Chem LLC in Washington, Oklahoma, Vickery inflated payroll costs and misstated fund usage on an April 2020 application, resulting in the company receiving $727,300 in pandemic relief funds, according to the U.S. Attorney's Office.
On September 10, 2024, Vickery pleaded guilty and admitted she "knowingly submitted a PPP loan application that contained false representations." She was sentenced last Monday, by U.S. District Judge Jodi W. Dishman to prison, followed by supervised release and an order to pay restitution, as reported by the U.S. Attorney's Office.
The conviction and sentencing followed an investigation by the FBI Oklahoma City Field Office and prosecution by Assistant U.S. Attorney Julia E. Barry. The case involved misuse of Paycheck Protection Program loans, which were created to support businesses during the pandemic, as stated by the U.S. Attorney's Office.
