MEMORANDUM OF DECISION
KEITH, District Judge.
I. STATEMENT OF FACTS
This is an action instituted by the United States of America on behalf of the Small Business Administration (SBA) to recover moneys loaned to Defendants pursuant to the Equal Opportunity loan program. The loans (totalling $27,500) were disbursed and administered by the Bank of New Orleans, an SBA participant bank.
Initially, Plaintiff sought to recover $25,000. Subsequently...
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