Micro Matic USA, Inc., a beverage dispensing equipment manufacturer based in Brooksville, Florida, has agreed to pay $2,593,219.18 to resolve allegations that it improperly obtained a Paycheck Protection Program (PPP) loan.
The settlement was announced by the U.S. Attorney’s Office for the Middle District of Florida on May 12, 2026. According to DOJ, Micro Matic allegedly violated the False Claims Act by obtaining a PPP loan despite being ineligible under the program’s rules.
Under the second round of PPP, businesses generally needed 300 or fewer employees to qualify. SBA affiliation rules required applicants to count employees and revenue from related companies, including foreign affiliates. The DOJ alleged that Micro Matic was not eligible because it was not a small business once its foreign affiliates were included.
The case began with a qui tam complaint filed by GNGH2, Inc., which alleged that Micro Matic improperly obtained a $2 million PPP loan. The settlement concludes the litigation, and GNGH2 will receive $259,321.91 as its share of the recovery.
This is exactly the kind of case Find Corporate Waste (FCW) tracks. A company certifies eligibility, federal money goes out, and later a relator identifies the missing connection between the application and the rules.
The case also fits squarely within DOJ’s renewed fraud-enforcement posture. The announcement states that the matter is part of the Trump Administration’s Task Force to Eliminate Fraud and follows DOJ’s creation of the National Fraud Enforcement Division, whose mission includes investigating and prosecuting fraudulent misuse of taxpayer dollars.
At Find Corporate Waste, we specialize in identifying the discrepancies that led to the $2.59 million settlement with Micro Matic USA, Inc.
Our investigation model is built on cross-referencing databases the government maintains but fails to connect. We use data science to detect patterns that suggest fraud, waste, and abuse.
These cases are not rare. They are a symptom of the broader pattern of pandemic relief fraud. For more information about these cases, or to report potential waste of federal funds, reach out to info@findcorporatewaste.com and be sure to subscribe.
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