Eric M. Thorson, Inspector General U.S. Small Business Administration Before the Committee On Homeland Security, Subcommitee On Management, Integration and Oversight, United States House of Representatives July 13, 2006
… on loans made by private lenders through the Section 7(a) Loan Guaranty program, and by making loans directly to … were available from January 11, 2002, through January 10, 2003. SBA Guidance on the STAR Loan Program. SBA issued … results could be projected with 95 percent certainty. For 50 of the 59 borrowers (85 percent) in the sample, we were …