Opinion
Civil Action 1:24cv114-SA-DAS
08-14-2024
UNITED STATES OF AMERICA PLAINTIFF v. JAMONICA HOLLIDAY DEFENDANT
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 Jamonica Holliday. 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 Jamonica Holliday in the sum of $23,400.35 (which specifically includes $20,900.35 for the Payroll Protection Program loan (loan number 9086918810 and $2,500.00 for bank processing fees), plus $405.00 for the court filing fee. Post judgment interest shall accrue at the legal rate pursuant to 28 U.S.C. § 1961(a) and shall be computed daily and compounded annually until paid in full, but without costs to either party. Defendant Jamonica Holliday agrees that the sum owed, $23,400.35, plus interest, is due and payable in full immediately. Defendant also agrees to pay a separate $405.00 filing fee pursuant to 28 U.S.C. § 2412(a)(2).
Provided, however, execution shall not issue upon this judgment as long as Defendant Jamonica Holliday 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 Jamonica Holliday will be credited to her outstanding debt.
This case is CLOSED.
IT IS SO ORDERED.