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AI firm AMAX agrees to $2.48 million settlement over ineligible PPP loan
FOX 4 News·October 8, 2026·1 min read
AI Summary
Federal prosecutors announced that an artificial intelligence data center engineering firm has agreed to pay $2. 48 million to resolve allegations that it improperly received a second-draw PPP loan.
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Federal prosecutors announced that an artificial intelligence data center engineering firm has agreed to pay $2.48 million to resolve allegations that it improperly received a second-draw PPP loan.
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