Report 10-10 - Audit of the Premier Certified Lenders in the Section 504 Loan Program
… our audit of the underwriting practices, compliance, and executive compensation of Premier Certified Lenders (PCL) in … over $1 million. We also reviewed SBA regulations on executive compensation for CDCs, and interviewed SBA … projections are described in Appendix II, and a summary of deficiencies noted in the loans reviewed is …