New Title IX Case Underscores PPP Loan Commitments

Jul 11, 2022, 12:03 PM

(from Berstein Shur) In June, a U.S. District Court found that a private school in North Carolina could be subject to Title IX because it borrowed PPP funds. The case centered around whether the school received federal financial assistance when, as a borrower, it received money from a bank (an intermediary lender) via an SBA-guaranteed loan. The court held the school received federal financial assistance and had to comply with Title IX for the life of the loan. The loan was forgiven in June 2021. Students sued the school alleging harassment during the 2021-21 school year, and the court said the school was subject to Title IX at that time. 

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