Report ROM 10-06

ROM 10-06 - Inadequate Documentation to Support a Loan Approved Under Section 504 of the Recovery Act

This Management Letter issued by KPMG LLP identifies a matter that came to their attention during the audit of SBA's FY 2009 financial statements.

Attached is the Management Letter issued by KPMG LLP which identifies a matter that came to their attention during the audit of SBA's FY 2009 financial statements. The objective was to determine the adequacy of controls over the loan approvals funded under Section 504 - Stimulus for Community Development Lending of the Recovery Act.

To view the complete document, please see the attachment below.

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File size: 163KB
Effective: December 15, 2009
Owned by: Office of Inspector General
Related Programs: CDC/504, Credit/Capital
Last updated August 8, 2019