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U.S. v. FIRST NAT. BANK OF JERMYN

No. 3:CV-90-1277.

768 F.Supp. 137 (1991)

UNITED STATES of America, on Behalf of its agency, the SMALL BUSINESS ADMINISTRATION, Plaintiff, v. The FIRST NATIONAL BANK OF JERMYN, Defendant.

United States District Court, M.D. Pennsylvania.

July 23, 1991.

Attorney(s) appearing for the Case

James A. Gibbons, Asst. U.S. Atty., Scranton, Pa., for plaintiff.

Gerald J. Butler, Scranton, Pa., for defendant.

MEMORANDUM

McCLURE, District Judge.

I. BACKGROUND

This action was commenced on July 5, 1990 by the United States of America on behalf of the Small Business Administration ("SBA") and is currently before the court on the parties' cross motions for summary judgment. The undisputed relevant facts of this case are as follows:

Defendant First National Bank of Jermyn ("Bank") is, and was at all times relevant to this action, a participating lender...

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