Quote Originally Posted by Olderguy View Post
Not alter - use one that fits with what they do that is within the guidelines. Companies can operate under different naics in actual operations. Only one shows on the tax return. Lending declined and fintech filled in supporting revenue to keep the business operating. And LOE with specifics does that.
Similar to a case that was just closed in the South East. The business owner used another NAICS code to obtain less than $5,000 in PPP claiming that the NAICS code was "part of his business". He's now serving 7 years for bank fraud and defrauding the govenment....felony. Another similar case the "advisor" also went to jail for conspiracy to the fraud. He aided the business owner in obtaining to funds for a fee.