Pa. Judge won’t make SBA pay $6 million COVID loan to restaurants

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By Matthew Santoni (April 28, 2022, 4:56 p.m. EDT) – A federal judge in Pennsylvania has refused to order the U.S. Small Business Administration to accelerate or approve $6 million in pandemic relief loans for a group of restaurants in Pennsylvania, Florida, New Jersey and Washington, ruling Thursday that their owner had failed to demonstrate the court had such power or that they needed the money immediately.

U.S. District Judge Paul S. Diamond was candid in denying the injunction request from Amol Kohli or the 13 companies he owned, rejecting arguments that he could order the SBA to process or approve the requests for loan increases, which Kohli had shown…

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