Tag: Takahata Precision

  • Smith Johnson, PPP Loan Fraud, Tennessee 2020

    Smith Johnson, PPP Loan Fraud, Tennessee 2020

    ⏱ 2 min read A Tennessee firm, Takahata Precision Tennessee, Inc., just got a hefty dose of reality for trying to pull a fast one on the feds. The Knoxville-based company agreed to pay $2.5 million to settle allegations it received and got forgiveness for a Paycheck Protection Program loan while ineligible. Congress created the…