August 23, 2021
The CARES Act and its Paycheck Protection Program (PPP) was intended to bring help to small businesses “in a fair, equitable and uniform manner,” says the complaint for this class action. But Wells Fargo Bank, NA, it says, “unlawfully prioritized its existing business clients” over others who also needed the loans offered by the program, possibly blocking them from access to the program.
Case Event File: Wells Fargo Rejection of Qualified PPP Applications New Mexico ComplaintRelated to: Wells Fargo Rejection of Qualified PPP Applications New Mexico Class Action
