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Hoffmann Quality Tools USA Inc. Agrees To Pay $1.4M Following Improper Receipt Of PPP Loan
September 06, 2025
KNOXVILLE, Tennessee, Sept. 6 -- The office of the U.S. Attorney for the Eastern District of Tennessee posted the following news release on Sept. 4, 2025:

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Hoffmann Quality Tools USA Inc. Agrees To Pay $1.4M Following Improper Receipt Of PPP Loan

Hoffmann Quality Tools USA Inc. ("Hoffmann") has paid $1,400,027.39 to resolve allegations that it violated the False Claims Act by applying for, receiving, and obtaining forgiveness of a loan under . . .

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