Tagged: Banking

Denial of PPP Loan Makes Matters Worse for Dancor Transit

Denial of PPP Loan Makes Matters Worse for Dancor Transit

Banking & FinanceLegalTransportation

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 >