Kelly McGlynn

Aug 8, 2024 | jdsupra.com | Terence M. Grugan |Peter Hardy |Kelly McGlynn

SummaryThe U.S. Supreme Court’s recent overturning of the Chevron Deference Doctrine calls into question several Chevron-based federal court rulings allowing the Small Business Administration (SBA) to exclude many categories of businesses from eligibility for Paycheck Protection Program (PPP) loans—contrary to the broad eligibility envisioned by the statute creating the PPP, which many companies relied on when they took the loans.

Aug 7, 2024 | ballardspahr.com | Terence M. Grugan |Peter Hardy |Kelly McGlynn

Summary The U.S. Supreme Court’s recent overturning of the Chevron Deference Doctrine calls into question several Chevron-based federal court rulings allowing the Small Business Administration (SBA) to exclude many categories of businesses from eligibility for Paycheck Protection Program (PPP) loans—contrary to the broad eligibility envisioned by the statute creating the PPP, which many companies relied on when they took the loans.