My post isn't total conjecture it is based on the facts we have. Based on Chase's statement, he paid back a loan last summer but compliance only reported a potential violation just now. This is why I said we have a bigger issue due to the timing if anyone related to OSU told him to pay it back and he didn't just do it under his own volition or on advice from someone close to him. My educated guess which you seemingly misread to be negative/trolling is that the latter is more likely. (EDIT: Note that this is the good scenario for OSU) Unless Chase is lying about repaying it those are really the only 2 options in terms of the potential compliance timeline.
I guess you are suggesting a potential third option is that this was a loan from the beginning and Chase paid it back on contractual terms. I have a bridge to sell you if you think that is what likely happened.