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Millions of small business owners who received a loan ... an SBA employee: “I received your inquiry requesting clarification on certain terms in the Loan Authorization and Agreement.
As part of his plea agreement, he admitted he instructed his employees to follow ... debt and receiving federal loan forgiveness. In actuality they were paying for document preparation services ...
This led to the company director signing a document labelled as a "loan agreement" acknowledging $45,000 was owed to the former employee. The worker argued that a binding settlement had been reached ...