Banks Hit With Suit Over Paycheck Protection Program Loan Fees

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Banks Hit With Suit Over Paycheck Protection Program Loan Fees
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The country's largest banks are being sued for allegedly failing to pay as much as $3.8 billion in required fees in connection with the Small Business Administration's Paycheck Protection Program

The country's largest banks are being sued for allegedly failing to pay as much as $3.8 billion in required fees in connection with the Small Business Administration's Paycheck Protection Program.

American Video Duplicating, Tush Law and Cal State Financial are suing Citibank, US Bank, JPMorgan Chase, Wells Fargo, Bank of America, MUFG Bank, Union Bank of California, PayPal and others.

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