Squeezing or misappropriating a loan means that you don't use the loan for the purpose agreed in the loan contract, which is a breach of contract. It is recommended that you go through legal procedures as soon as possible, so as to avoid losses to your property.

Employees of companies, enterprises or other units who, by taking advantage of their positions, misappropriate the funds of their own units for personal use or lend them to others shall be prosecuted if they are suspected of any of the following circumstances: 1 Misappropriation of the unit's funds, the amount is between 10000 yuan and 30000 yuan, and it has not been paid back for more than three months. 2. Misappropriating the funds of the unit in the amount of 1 10,000 yuan to more than 30,000 yuan for profit-making activities. 3, misappropriate the amount of unit funds in 5000 yuan to 20000 yuan, illegal activities.