Have you applied but have not obtained the loan for the Paycheck Protection Program (PPP)?
Banks are claimed to have selectively favored the applicants who applied for larger loans, rather than first-come-first-serve applications. If your small business has not obtained funds, you may be able to claim compensation.
It is alleged that banks have unfairly prioritized companies looking for large amounts of loans, while the small business agency of the government has said that applications for PPP loans will be handled on a first-come, first-served basis.
If your small business hasn’t earned PPP funds, speak to an attorney today to see whether you may be eligible for compensation.
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