( May 19, 2026, 1:14 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on May 18 denied the petition for a writ of certiorari of a Paycheck Protection Program (PPP) loan recipient whose loan forgiveness application was denied by the Small Business Administration (SBA) because payments by the recipient to independent contractors should not have been included in the calculation of the recipient’s payroll costs, a decision that was upheld by a panel of the Third Circuit U.S. Court of Appeals....