United States v. Stribling Flying Service, Inc.

TATE, Circuit Judge:

The United States was granted summary judgment against the Kimballs, codefendants. They appeal. We affirm.

The Kimballs had executed unconditional individual guaranties for the payment of a note executed by two corporations (“Stribling”) given to secure a loan by the Small Business Administration. Upon the corporate debtor’s default, this note had been transferred and assigned to this agency by the participating bank. On its suit against the Kimballs upon their guaranties, the United States was granted summary judgment.(1)

On their appeal, the Kimballs principally contend,…