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REGAN v. U.S. SMALL BUSINESS ADMIN.

Civ. A. No. CV187-002.

729 F.Supp. 1339 (1990)

John P. REGAN, Jr. and Lois B. Regan, Plaintiffs, v. U.S. SMALL BUSINESS ADMINISTRATION and Trust Company Bank of Augusta f/k/a The First National Bank of Thomson, Defendants.

United States District Court, S.D. Georgia, Augusta Division.

January 12, 1990.

Attorney(s) appearing for the Case

Mark Thomas Sallee, Atlanta, Ga., for plaintiffs.

John P. Wills, Thomson, Ga., and Henry L. Whisenhunt, Jr., Asst. U.S. Atty., Augusta, Ga., for defendants.

ORDER

BOWEN, District Judge.

Plaintiffs bring this suit seeking to be released from a Guaranty and Deed to Secure Debt which they executed on behalf of their employer, Bishop Tile Company, Inc., in favor of The Trust Company Bank of Augusta f/k/a The First National Bank of Thomson ("lender"). On November 3, 1983, lender with the participation of defendant U.S. Small Business Administration ("SBA") made SBA loan No. GP-170610-30-01-ATL to Bishop Tile Company...

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