MISUSE OF LOAN FUNDS. Anyone who wrongfully misapplies any proceeds of the loan will be civilly liable to SBA for one and one- half times the proceeds disbursed, in addition to other remedies allowed by law.
MISUSE OF LOAN FUNDS Sample Clauses
Related to MISUSE OF LOAN FUNDS
Use of Loan Proceeds The Borrower shall use the credit extended under this Agreement solely for the purposes set forth in, or otherwise permitted by, Section 6.4 hereof.
