Judge: Approved Applicants Have Standing to Sue Over PPP Loans They Allegedly Never Received
The plaintiffs have alleged that they applied, through Prestamos, for PPP loans under the Coronavirus Aid, Relief and Economic Security Act (CARES Act) but never received the proceeds.
April 05, 2023 at 06:01 PM
6 minute read
Civil ProcedureThe original version of this story was published on The Legal Intelligencer
A federal judge in Pennsylvania has allowed breach-of-contract claims to proceed against a lender over allegedly undistributed Paycheck Protection Program loans.
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