What does "the loan was forgiven" mean?

Context>>>>>>>>>>>>>>>>>>>>>>>>>>>
Laporta also told jurors about another $1.5 million loan on the books of Manafort’s company that caused Citizens Bank to balk at issuing a new loan on property Manafort owned in Manhattan. After the bank expressed reservations about the size of Manafort’s debt, Gates sent her documentation showing the $1.5 million loan had been forgiven. Asked by Asonye if she believed it was forgiven, she said: “Uh, no.”

See a translation

@britannia14 Thank you very much!

@JacyDraws Thank you very much!

@cmertb Thank you very much! I appreciate your Japanese translation.

@cmertb

Would you please translate "booked to a Cyprus company"?

Context>>>>>>>>>>>>>>>>>>>>>>>>
Cindy Laporta, a Manafort accountant, recalled how she felt conflicted after Manafort’s right-hand man, Rick Gates, sent her phony, backdated loan documents that would lower his taxes and help him get a bank loan as his income plunged.

Laporta, who testified with a grant of immunity because she feared prosecution, recounted the creation of a $900,000 loan booked to a Cyprus company that had the effect of disguising income in that amount on Manafort’s 2014 tax return. Laporta said that Gates sent her a backdated document purporting to memorialize the loan and that Manafort saved $400,000 to $500,000 in taxes.

Another context>>>>>>>>>>>>>>>>>>>>>>>
Laporta discussed one loan for $1.5 million and another for $900,000, which prosecutors say were income disguised as loans from offshore companies that Manafort controlled. Laporta was asked if she believed what Manafort and Gates said about the loans, and she said no. But she approved the tax returns anyway, she said.

@cmertb すごい！　ありがとうございます。