Digital Services, Inc., needs funds to meet its payroll, to make other current operating expenses, and to pay its creditors. Earl, Digital’s only shareholder, loans the company $10,000 and accepts a promissory note signed on behalf of Digital by Fran, the firm’s accountant. Digital’s financial problems continue, however, and the firm’s creditors file an involuntary petition to force it into bankruptcy. Is Earl entitled to be repaid for his loan to Digital? If so, what is the priority of his claim?