After the arbitration award of labor disputes of workers is made, there is no law that stipulates that the employer should repay the bank loan or pay the economic compensation to the workers first, but the employer has the right to dispose of its own assets that have not been frozen or seized by the people's court, which can be decided by the employer itself. If the labor dispute arbitration award does not take legal effect immediately after it is made, and the employer refuses to accept it, it may apply to the intermediate people's court where the labor dispute arbitration commission is located for cancellation of the final award within 30 days; If the award is not final, you can bring a lawsuit to the people's court in advance within 15 days from the date of receiving the award. After the arbitration award of a labor dispute becomes legally effective, if the employer fails to perform the obligations stipulated in the award, the employee may apply to the people's court for compulsory execution.

Legal objectivity:

Article 5 of the Labor Dispute Mediation and Arbitration Law of People's Republic of China (PRC), if a labor dispute occurs and the parties are unwilling to negotiate, fail to negotiate or fail to perform after reaching a settlement agreement, they may apply to a mediation organization for mediation; Unwilling to mediate, failing to mediate or failing to perform after reaching a mediation agreement, you may apply to the Labor Dispute Arbitration Committee for arbitration; Anyone who refuses to accept the arbitration award may bring a lawsuit to the people's court unless otherwise stipulated in this Law. Law of People's Republic of China (PRC) on Mediation and Arbitration of Labor Disputes Article 51 The parties shall perform the legally effective conciliation statement and award within the prescribed time limit. If one party fails to perform within the time limit, the other party may apply to the people's court for execution in accordance with the relevant provisions of the Civil Procedure Law. The people's court that accepts the application shall execute it according to law.