Legal analysis: Fake loans are punished as loan fraud. Impersonate loan refers to obtaining a loan amount that does not belong to you through loan examination and approval by using someone else's name, or fabricating false economic contracts, supporting documents and other loan materials. This kind of behavior belongs to fraud, and from a legal point of view, it infringes on other people's property. According to relevant laws and regulations, the minimum penalty for loan fraud is fixed-term imprisonment of not more than five years or criminal detention, and a fine; If the amount involved is especially huge and the circumstances are particularly serious, the longest sentence can be life imprisonment, fines and confiscation of personal property.

Legal basis: Article 193rd of the Criminal Law of People's Republic of China (PRC) commits one of the following acts. Whoever defrauds a bank or other financial institution of loans for the purpose of illegal possession, if the amount is relatively large, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan; If the amount is especially huge or there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan, or his property shall be confiscated: (1) fabricating false reasons such as introducing funds and projects; (two) the use of false economic contracts; (3) using false documents; (four) the use of false proof of property rights as a guarantee or repeated guarantee beyond the value of collateral; (5) obtaining loans by other means.