Report 8-08 – UPS Capital Business Credit’s Compliance with Selected 7(A) Lending Requirements
… loans) are centralized at SBA's National Guaranty Purchase Center in Herndon, Virginia. The objective of the audit was … expenses. However, after initiating the audit, the Herndon Center began a review of the lender's liquidation expenses. … Additionally, we interviewed personnel at the Herndon Center and analyzed the results of preand post-purchase …