(August 2, 2022, 11:22 AM EDT) -- CHICAGO — A Paycheck Protection Program loan recipient that was denied eligibility for loan forgiveness because of the nature of its business filed suit in Illinois federal court on July 28 seeking a declaration that the Small Business Administration (SBA) Interim Final Rule, enacted on the day the recipient’s loan funds were disbursed and pursuant to which it was denied loan forgiveness, is contrary to the Coronavirus Aid, Relief, and Economic Security (CARES) Act and an injunction preventing the SBA from applying the rule against the recipient....