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Dallas Bus Companies Settle PPP Loan Fraud Lawsuit for $3.9 Million

August 13, 2026 Priya Shah – Business Editor Business

Tornado Bus Company, Inc. and El Expreso Group, LLC agreed on August 12 to a $3.9 million civil settlement with the U.S. Department of Justice. According to United States Attorney for the Northern District of Texas Ryan Raybould, the two Dallas-based cross-border carriers improperly applied for and received Paycheck Protection Program loans during the COVID-19 pandemic despite exceeding federal small business size standards.

The Mechanics of the False Claims Act Settlement

Congress created the Paycheck Protection Program in March 2020 through the Coronavirus Aid, Relief, and Economic Security Act. The emergency lending vehicle aimed to keep Main Street businesses afloat during pandemic-related economic disruptions, tying eligibility strictly to employee-count size thresholds. Court records show that Tornado Bus and El Expreso secured approximately $2.8 million in relief funds during 2021, and those loans were subsequently forgiven in full.

Federal authorities alleged that both companies operated as related entities. When combined, their total headcount breached the statutory limitations for small businesses. Because of this disqualifying overlap, the government asserted that the subsequent loan forgiveness applications violated the False Claims Act. Assistant U.S. Attorney Najib Gazi managed the litigation alongside Amber Perez from the Small Business Administration’s Office of General Counsel.

Qui Tam Provisions and Whistleblower Integration

The civil litigation unfolded under the qui tam provisions of the False Claims Act, which permit private parties to file lawsuits on behalf of the federal government and share in the ultimate monetary recovery. Filed in the U.S. District Court for Northern Texas under case number 3:25-CV-3101-N, the action spotlighted the role of private entities in policing federal relief programs. Blockquote, Inc., acting as the relator in the lawsuit, will receive $390,000 from the $3.9 million settlement.

This enforcement action aligns with broader federal initiatives launched this year, including a dedicated Task Force to Eliminate Fraud and the establishment of a National Fraud Enforcement Division. These units focus aggressively on recovering misused funds across legacy pandemic relief programs.

Market Context and Future Regulatory Exposure

The Department of Justice continues to target corporate recipients that miscalculated eligibility or blurred organizational boundaries to tap emergency stimulus capital. While the civil claims settled are allegations only and carry no formal determination of liability, the financial impact on cross-border passenger carriers underscores the long-tail risks of federal loan programs.

Dallas Bus Companies Settle PPP Loan Fraud Lawsuit for $3.9 Million
Photo: lonestarstandard.com

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