Lawsuit alleges Wells Fargo unfairly shuffled Paycheck Protection Program applications
Companies, agencies, institutions, etc
Wells Fargo
the Paycheck Protection Program
the Treasury Department
PPP
Wells Fargo's
the U.S. Small Business Association
SBA
People
Charlie Scharf
Neiman Marcus
Dalvin Brown
Groups
Americans
Physical locations
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Places
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Locations
California
Events
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Summary
The fund ran out of money on Friday.The lawsuit filed on behalf of small business owners on Sunday alleges that Wells Fargo unfairly prioritized businesses seeking large loan amounts, while the government's small business agency has said that PPP loan applications would be processed on a first-come, first-served basis.
As said here by