7th Circuit Affirms Loan Forgiveness Denial Based On Corporate Group Limit

( July 21, 2026, 8:08 AM EDT) -- CHICAGO — In consolidated appeals by rehabilitation centers, the Seventh Circuit U.S. Court of Appeals affirmed a lower court’s rulings granting summary judgment in favor of the Small Business Administration (SBA) in three related cases, finding that the SBA’s Corporate Group Rule limiting the aggregate amount of Paycheck Protection Program (PPP) loans within a single corporate group was not improperly applied retroactively because the loans were disbursed after the rule was implemented....