Despite the fact that the Small Business Administration promulgated an interim rule stating that a small business or nonprofit that had filed for bankruptcy protection could not obtain a loan under the Paycheck Protection Program of the CARES Act, a Bankruptcy Court in Florida has enjoined the SBA from using the rule to prevent a small business in bankruptcy from obtaining the loan. The Court said that the Administrator had exceeded her authority in promulgating the rule. Gateway Radiology Consultants, PA, sought and obtained a loan of $527,710 to cover salaries and other permitted costs under the program. It asked the Bankruptcy Court to approve the loan as required for a loan outside the...