Golden Corral franchisee files $10M+ counterclaim over Adirondack Trust Co. PPP lawsuit | The Daily Gazette
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BALLSTON SPA A local family has filed a counterclaim against the Saratoga Springs bank that alleges they misused a small-business bailout loan provided to weather the COVID-19 crisis.
Adirondack Trust Company sued Nirmala A. Patel and her son Niral A. Patel in October to recover $1,979,600 in federal Payroll Protection Program funds disbursed to 10 of their corporate entities. They operate the Saratoga Springs Comfort Inn and Suites and, as franchisees, eight Golden Corral restaurants in New York and New Jersey, including those in Colonie, Queensbury and Wilton.
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