Sheri Lynn Vickery, a 40-year-old resident of Blanchard, Oklahoma, has been sentenced to 22 months in federal prison and ordered to pay $727,300 in restitution. This sentence follows her conviction for making a false statement to a financial institution. The announcement was made by U.S. Attorney Robert J. Troester.
From April 2020 through December 2021, Vickery was employed as an office manager at Coil Chem LLC, a chemical manufacturing company located in Washington, Oklahoma. On April 7, 2020, she submitted a Paycheck Protection Program (PPP) loan application on behalf of the company. The PPP was established as part of COVID-19 pandemic relief efforts to support small businesses with forgivable loans aimed at job retention and other expenses.
The indictment against Vickery alleged that she inflated the company’s payroll costs and misrepresented the intended use of the loan proceeds. As a result, $727,300 was transferred into Coil Chem’s bank account. It was further alleged that Vickery used these funds for unauthorized purposes, including paying off personal debts of a family member.
Vickery pleaded guilty on September 10, 2024, admitting to knowingly submitting false information in the PPP loan application.
During her sentencing on June 16, 2025, U.S. District Judge Jodi W. Dishman imposed the prison term along with two years of supervised release and ordered full restitution payment. The court highlighted “the nature and circumstances and seriousness of the offense” during sentencing.
The investigation leading to this case was conducted by the FBI Oklahoma City Field Office and prosecuted by Assistant U.S. Attorney Julia E. Barry.
Further details can be found in public records related to this case.
