Federal Judge Rejects Former Employee’s Claims To Proceeds Of PPP Loan

Mealey's (August 5, 2022, 1:30 PM EDT) -- PHILADELPHIA — A former employee of a tourism-based business in Philadelphia that received two Paycheck Protection Program (PPP) loans can’t lay claim to those funds after being fired as the employer “had discretion to spend the proceeds of its PPP loans as it saw fit, as long as it faced the consequences,” a federal judge in Pennsylvania ruled Aug. 3, granting the motion for partial dismissal in the lawsuit that also brings claims for age bias....