SBA Says PPP Borrower Cannot Get Relief Sought Without Seeking Loan Forgiveness

(May 15, 2024, 1:15 PM EDT) -- MIAMI — The administrator of the Small Business Administration (SBA) on May 14 moved a Florida federal court to dismiss the lawsuit of a Paycheck Protection Program (PPP) loan recipient seeking to force the SBA to determine its eligibility for the loan, arguing that there was no relief to be obtained by the loan recipient in the absence of a loan forgiveness application, which the recipient has not submitted....