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Report 11-05

ROM 11-05 - Material Deficiencies Identified in Four 7(a) Recovery Act Loans Resulted in $3.2 Million of Questioned Costs

This report summarizes our audit of the Small Business Administration's (SBA) Release of Collateral by the Disaster Loan Servicing Centers.

This report summarizes our audit of the Small Business Administration's (SBA) Release of Collateral by the Disaster Loan Servicing Centers. The audit objective was to determine whether the servicing centers were appropriately and timely releasing collateral on disaster loans.

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File size: 694KB
Effective: June 29, 2011
Owned by: Office of Inspector General
Related Programs: 7(a), Credit/Capital
Last updated July 30, 2019