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Blog - Business

Pandemic Nightmare: Father Takes Out $300,000 Loan in Son's Name

Tuesday, February 21, 2023

In the midst of the pandemic, one business owner found themselves in a nightmare scenario when they discovered that their own father had taken out a $300,000 SBA loan in their name without their knowledge or consent. The loan was used for their joint business, but the father had never asked for permission or even mentioned the loan to his son.

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