{"id":401,"date":"2025-11-12T13:11:23","date_gmt":"2025-11-12T13:11:23","guid":{"rendered":"https:\/\/usclassactions.com\/potential-lawsuit-banks-violating-cares-act-lawsuit-new-and-legal-information\/"},"modified":"2025-11-30T23:39:52","modified_gmt":"2025-11-30T23:39:52","slug":"potential-lawsuit-banks-violating-cares-act-lawsuit-new-and-legal-information","status":"publish","type":"post","link":"https:\/\/usclassactions.com\/?p=401","title":{"rendered":"Potential Lawsuit: Banks Violating CARES Act Lawsuit New and Legal Information"},"content":{"rendered":"<p>Since the CARES Act (also referred to as the Paycheck Protection Act, or \u201cPPP\u201d) rolled out on April 3, 2020, COVID-19-affected small businesses have claimed that banks processed loan applications to benefit themselves, rather than on the \u201cfirst-come, first-served\u201d basis, as the law requires. Defendants include Bank of America, JP Morgan Chase, U.S. Bank and Wells Fargo, among others.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since the CARES Act (also referred to as the Paycheck Protection Act, or \u201cPPP\u201d) rolled out on April 3, 2020, COVID-19-affected small businesses have claimed that banks processed loan applications to benefit themselves, rather than on the \u201cfirst-come, first-served\u201d basis, as the law requires. Defendants include Bank of America, JP Morgan Chase, U.S. Bank and Wells Fargo, among others.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[6],"tags":[],"class_list":["post-401","post","type-post","status-publish","format-standard","hentry","category-latest-news"],"_links":{"self":[{"href":"https:\/\/usclassactions.com\/index.php?rest_route=\/wp\/v2\/posts\/401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usclassactions.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usclassactions.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usclassactions.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usclassactions.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=401"}],"version-history":[{"count":1,"href":"https:\/\/usclassactions.com\/index.php?rest_route=\/wp\/v2\/posts\/401\/revisions"}],"predecessor-version":[{"id":3538,"href":"https:\/\/usclassactions.com\/index.php?rest_route=\/wp\/v2\/posts\/401\/revisions\/3538"}],"wp:attachment":[{"href":"https:\/\/usclassactions.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usclassactions.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usclassactions.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}