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Event Brief

Knoxville Manufacturer Settles PPP Fraud Case for $2M

Koide Tennessee pays $2M to resolve claims of falsely obtaining a PPP loan, impacting local business integrity.
WHO: Koide Tennessee
WHAT: Settled allegations of PPP loan fraud
WHEN: Nov 18, 2025 at 7:00 PM ET
WHERE: Knoxville, TN
WHY: To resolve claims of improperly obtaining a PPP loan
Sources (1): WBIR 10News

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