SBA, Real Estate Developer Claiming Improper Denial Of PPP Loan Forgiveness Settle

Mealey's (March 27, 2024, 8:59 AM EDT) -- HOUSTON — A real estate developer that sued the Small Business Administration (SBA) and various federal government entities contending that the agency improperly applied rules to deny the developer forgiveness for a Payroll Protection Program (PPP) loan filed a notice of voluntary dismissal on March 26, indicating that parties had reached a resolution of the dispute....