United States of America v. Wright

Filing 6

CONSENT JUDGMENT in favor of United States of America against Karchella Wright. CASE CLOSED. Signed by District Judge Debra M. Brown on 11/14/23. (jla)

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IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF MISSISSIPPI OXFORD DTYISION PLAINTIFF UNITED STATES OF AMERICA CIVIL ACTION NO. 3:23cv3l5-DMB-RP v. DEFENDANT KABCHELLA WRIGHT CONSENT JUDGMENT This consent judgment is entered into between the United States of America, acting through the United States Department of Justice and on behalf of the United States Small Business Administration ("SBA') (collectively the "United States"), and Defendant Karchella Wright. Based on the certified financial information provided by Defendant, and in recognition of her cooperation with the United States'investigation, the parties stipulate and consent to the entry of judgment in favor of the United States of America against Defendant Karchella Wright in the sum of 946,812.41(which specifically includes 941,812.41 for the Payroll Protection Program loan (Ioan numbers 8799978703 and 2772928909) and g5,000.00 for bank processing fees), plus $402.00 for the court filing fee. Post judgment interest shall accrue at the legal rate pursuant to 28 U.S.C. S 1961(a) and shall be computed daily and compounded annually until paid in full, but without costs to either party. Defendant Karchella Wright agrees that the sum owed, $46,812.47, plus interest, is due and payable in full immediately. Defendant also agrees to pay a separate $402.00 fiIing fee pursuant to 28 U.S.C. S zan@)Q). Provided, however, execution shall not issue upon this judgment as long as Defendant Karchella Wright pays to the Department of Justice, through the United States Attorney, 900 Jefferson Avenue, Oxford, Mississippi 38655, an agreed upon minimum monthly payment each and every month until this judgment is satisfied. The amount of this payment shall be subject to review and modification not less than annually. This debt shall also be included in the Treasury Offset Program so that any federal monies owed to Defendant Karchella Wright will be credited to her outstanding debt- This case is CLOSED. IT IS SO ORDERED day of this the 2023. UNITED STATES DISTRICT JUDGE PREPARED BY AND AGREED TO: Clay Joyner nd Webster (MSB #102458) United States Attorney 900 Jefferson Avenue Oxford, Mississippi 38655-3608 t:662.234.3351 e: ioseph.webster@usdoi. eov Attorney for Plaintiff United States of America AGREED TO: Karchella Wright - Pro

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