Audit Report 9-05: Audit of SBA’s FY 2008 Financial Statements - Management Letter
… Disbursement Center. The auditor found, in some cases, a credit check was not completed before loan disbursement; an … totaling $7,464,000. Improvement needed in the Office of Credit Risk management (OCRM) documentation of departures … Improvement needed in the new hire, personnel action, and employee separation process. Enhancement needed to ensure …