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SGA FINANCIAL CORP. v. U. S. SMALL BUSINESS ADMIN.

Civ. No. 79-3384.

509 F.Supp. 392 (1981)

SGA FINANCIAL CORPORATION and Martin Zell, Plaintiffs, v. UNITED STATES SMALL BUSINESS ADMINISTRATION, Vincent N. Scuro, Newark District Small Business Administration, Anschelewitz, Barr, Ansell & Bonello, Esqs., and Athlete's Choice Corp., Defendants.

United States District Court, D. New Jersey.

February 27, 1981.

Attorney(s) appearing for the Case

James P. Yudes, Cranford, N. J., for plaintiffs.

Eric S. Benderson, Washington, D. C., William W. Robertson, U. S. Atty. by Anne C. Singer, Asst. U. S. Atty., Newark, N. J., for defendants.

OPINION

SAROKIN, District Judge.

Plaintiff in this action, SGA Finance Corporation ("SGA"), is a New Jersey corporation which, among its other business activities, "packages" loan applications for small businesses who are seeking loans under various federal programs. Defendant, United States Small Business Administration ("SBA"), is a federal agency which administers a federal loan program for qualified small businesses. SBA's loan program is administered...

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