Audit Evaluation Report 13-17: The SBA's Portfolio Risk Management Program Can be Strengthened
… high-volume franchises with historical default rates of at least 46-percent, default values over 38-percent, and loss … retail industries with historical default rates of at least 40-percent, default values over 30-percent, and loss … to evaluate program performance with risk being assessed at the lender level. The OIG recommended three actions that …