Dancor Transit Inc.
Truckers Seeking Bankruptcy Amid COVID-19 ‘Cataclysm’
Dan Bearden’s Van Buren trucking company had been struggling with soaring insurance rates and falling freight prices since last year. Then the pandemic struck like a meteor. read more >
by Mark Friedman -
Denial of PPP Loan Makes Matters Worse for Dancor Transit
Dan Bearden thought that getting a COVID-19 relief loan would be just the lifeline Dancor Transit needed to survive bankruptcy reorganization. But the U.S. Small Business Administration denied the PPP application because the company is in Chapter 11 bankruptcy. read more >
by Mark Friedman -
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