Right.

Also, from the SBA perspective, if that loan is a SBA disaster loan that was issued during Covid ( many businesses got those loans and then spent the money on whatever), then what she did is a crime. Those funds can't be used for that purpose. Illegal. There are certain requirements on what those funds can be used only. I have heard of the SBA audits. It's not fun. Disaster SBA loans are taxpayers money so there are strict requirements or go to jail.