PPP loans: Westchester small business owner leads class action lawsuit against Chase Bank

NewsColony
PPP loans: Westchester small business owner leads class action lawsuit against Chase Bank

WESTCHESTER, Ill. (WLS) — Sha-Poppin’ Gourmet Popcorn Shoppe is tucked into a strip mall at Roosevelt and Mannheim roads in Westchester. Its owner is now taking on a big bank.

Sha-Poppin’ Gourmet Popcorn Shoppe is tucked into a strip mall at Roosevelt and Mannheim roads in Westchester. Its owner is now taking on a big bank.

“Someone has to speak up for small business,” Stacy Hawkins-Armstrong said.

Hawkins-Armstrong said Chase delayed her applications for a federal loan with the Payroll Protection Program. She is now the lead plaintiff in a class action lawsuit against Chase Bank and some Chase clients.

The lawsuit alleges Chase was negligent and used deceptive and unfair practices in distributing PPP loans.

“It was just a brick wall, every time you went in there it was a brick wall,” she said.

“It’s disgraceful,” said Chris Dore, attorney for Edelson PC representing Hawkins-Armstrong.

Dore hopes the litigation will free up money to be distributed to struggling small businesses.

Chase is among four banks being sued in California regarding distribution of PPP loans. ABC7 Eyewitness News reached out to chase, but a spokesman said they decline to comment on pending litigation.

While waiting, Hawkins-Armstrong turned to Seaway Self Help Federal Credit Union, a small community bank, and was able to get some PPP money through them.

“It was less than what I was expecting, but it’s something,” she said. “It’s a relief to have something. Something is better than nothing.”

She said the money will help ay her employees, but in the long run the future of her business is uncertain.

Along with JP Morgan Chase, there are three other companies named in the complaint. A spokeswoman for Ruth’s Chris Hospitality Group said those three companies are part of Ruth’s Chris Hospitality Group and they have no comment on the lawsuit at this time.

Source: ABC Chicago

The post PPP loans: Westchester small business owner leads class action lawsuit against Chase Bank appeared first on NewsColony.
NewsColony

from WordPress https://ift.tt/3bCIDis

Comments

Volunteers book hotel room for homeless man with SingapoRediscovers vouchers

NewsColony Volunteers book hotel room for homeless man with SingapoRediscovers vouchers © The Independent Singapore Singapore — A group of volunteers from the Mummy Yummy Singapore welfare organisation donated their SingapoRediscovers Vouchers to book a hotel room for a homeless man. The man, who was identified as Jayden, did not have a place to live while waiting for the Housing Board (HDB) to allocate him a rental flat. In a Facebook post on Mummy Yummy Singapore’s page on Wednesday (Dec 16), the volunteers said: “We used our $100 Rediscover Singapore vouchers to redeem hotel stay for him and successfully booked 9 days worth of stay at 3 days per voucher.” They added that they were unable to book a longer stay because of higher hotel rates over Christmas and New Year. The volunteers hoped that they would be able to bridge Jayden’s stay until he got a flat. “Thanks our government for giving us these vouchers which in return we can put them to good use for people in need,” th...

Disabled people are still vulnerable, even as COVID-19 normalizes their ‘special’ needs

Disabled people are still vulnerable, even as COVID-19 normalizes their ‘special’ needs NewsColony Perhaps it’s appropriate that public notices of the COVID-19 crisis began as an ableist cruelty. Health officials assured the nation that only the elderly and those with chronic health conditions would be seriously affected; most Americans (i.e., the normal people) would have only mild symptoms and be fine. x A friendly reminder: people who will be high-risk patients if we get coronavirus can hear you when you reassure everyone we’re the only ones who might die. Ã¢Â€Â” Alexandra Brodsky (@azbrodsky) February 29, 2020 Soon after the announcement of those assurances, the likelihood of high-risk people surviving was further limited by the people more likely to be fine. Shopping frenzies cleared stores of essential supplies needed everyday by many disabled people, like thermometers, hand wipes, masks, and IV infusion supplies. Accustomed to their needs ...

JANE FRYER: The judo master who made me the fall guy… aged 97!

NewsColony JANE FRYER: The judo master who made me the fall guy… aged 97! Jane Fryer is pictured above with Jack Hearn. ‘See, I’d get you round the neck and press on your Adam’s apple,’ he grins, silver moustache bobbing, white teeth flashing. ‘ And if I carried on with that, you’d be dead in a minute’ There is a startling moment in Jack Hearn’s extremely spick and span kitchen, when I’m standing between his trophy table and the wall and he’s telling me how he could finish me off with his huge, bearlike paws. ‘See, I’d get you round the neck and press on your Adam’s apple,’ he grins, silver moustache bobbing, white teeth flashing. ‘ And if I carried on with that, you’d be dead in a minute.’ We have already had a lively discussion about whether he should, or should not, throw me over one of his surprisingly wide shoulders on to his beautifully vacuumed living room floor. ‘I could throw you, of course I could! But I won’t,’ he says. ‘It’s not fair — you don’t know...

NewsColony

Search This Blog