Proposed Findings and Conclusions — No. 20-01006 (Dkt. 39)

Summary

Proposed findings and conclusions filed June 3, 2020 as Doc 39 in Case 20-01006 in the Bankruptcy Court for the District of Maine, in the consolidated suits of Penobscot Valley Hospital and Calais Regional Hospital against Jovita Carranza as SBA Administrator. The hospitals, both Chapter 11 debtors, challenged SBA Form 2483's question 1, which bars PPP loans to applicants presently involved in any bankruptcy. The court recounts the TRO it granted after an April 30, 2020 hearing and the trial evidence, including revenue shortfalls at both hospitals. It treats the case as two substantive claims, under section 525 of the Bankruptcy Code and the Administrative Procedure Act. It concludes that judgment should enter in favor of the SBA on all counts; the signature block names Bankruptcy Judge Michael A. Fagone.

Summary drafted by a model from the text of the original file linked on this page and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used