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BofA Allegedly Misled Small Cos. On PPP Loans, Suit Says

By Katryna Perera (February 24, 2023, 9:13 PM EST) -- Three small businesses that received Paycheck Protection Program loans in 2020 from Bank of America NA have filed a class action against the financial institution, alleging it misled participants about the requirements of the loans and have now left them with unforgivable debt....

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