Report 8-08 – UPS Capital Business Credit’s Compliance with Selected 7(A) Lending Requirements
… expenses. Therefore, we excluded this component from the scope of our audit. To answer the audit objective, … had been reduced to about $7.3 million based on recoveries from liquidation actions. We reviewed SBA' s files for 35 of … had been submitted by the lender and requested documents from the lender for those items not found in SBA's files. SBA …