Wednesday, 20 May 2020

Michigan judge's ruling could permit auto lenders to keep PPP loans

U.S. District Judge Matthew Leitman in Flint, Mich., May 11 barring the SBA from excluding certain businesses from relief. The ruling may offer clarity for lenders about if returning the funds is required.



source https://www.autonews.com/finance-insurance/michigan-judges-ruling-could-permit-auto-lenders-keep-ppp-loans

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