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PPP Agent Fee and Applicant Litigation: An Update  

Author:  Amy Pritchard Williams.; Callan G. Stein.; Lauren H. Geiser.

Source: Volume 37, Number 01, January 2021 , pp.14-17(4)

Review of Banking & Financial Services

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The rushed roll out of the PPP and the size of the program have led to litigation across the country, mainly in two categories: agents seeking fees for assisting businesses that applied for PPP loans and unsuccessful applicants for loans. The authors review this litigation, describing the claims made by plaintiffs and the negative district court responses in the two cases that have been decided so far.

Keywords: Paycheck Protection Program; Agent-Fee Cases; Unsuccessful Applicant Actions

Affiliations:  1: Troutman Pepper Hamilton Sanders; 2: Troutman Pepper Hamilton Sanders; 3: Troutman Pepper Hamilton Sanders.

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