Report 12-17: The SBA Risks Loss of Collateral on Four Disaster Loans Totaling $5.6 Million
… Liquidation of Disaster Loans at the National Disaster Loan Resolution Center (NDLRC). The overall objective of … Code (UCC) financing statement had lapsed for one loan the SBA approved for this condominium complex. The loan was in servicing at the Birmingham Disaster Loan …