Unopposed Motion For Stay Pending Settlement Granted In PPP Loan Forgiveness Case

(March 15, 2024, 12:29 PM EDT) -- CHICAGO — An Illinois federal judge on March 14 granted the unopposed motion of the federal government for a stay of briefing deadlines pending settlement via a docket entry and canceled a hearing on the motion in a lawsuit brought by a Paycheck Protection Program (PPP) loan recipient that was denied eligibility for loan forgiveness because of the nature of its business....