The Small Business Administration won a temporary stay of a federal judge’s ruling that required the agency to release detailed information on Paycheck Protection Program borrowers, including names and specific loan amounts, the Wall Street Journal reported. The temporary stay means the agency won’t have to release the information on PPP borrowers by Nov. 19, as originally ordered by U.S. District Judge James Boasberg in Washington, D.C. The initial ruling applied both to PPP loans and coronavirus-related loans under the SBA’s Economic Injury Disaster Loan program. The SBA, through its attorneys at the Justice Department, requested a full stay of the judge’s order, saying that it was considering an appeal. Judge Boasberg, in granting the temporary stay, said the SBA won’t have to release detailed information on borrowers until the agency’s request for a full stay is resolved. The judge gave plaintiffs in the case until Nov. 27 to respond to the merits of the SBA’s request.
