BofA Misled Small Cos. On PPP Loan Forgiveness, Suit Says

By Katryna Perera (August 23, 2022, 4:29 PM EDT) -- Bank of America has been hit with a proposed class action accusing it of misguiding small businesses about the Paycheck Protection Program, resulting in those businesses being on the hook for thousands of dollars when their pandemic-era loans were later deemed ineligible for forgiveness....

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