ROM 10-04 - Review of Controls Over Job Creation and Retention Statistics Reported by SBA under the American Recovery and Reinvestment Act of 2009
… statistics for loans approved in June 2009, which raised questions about whether SBA had the appropriate controls to … statistics that had negative job numbers. For example, -20 jobs were reported for a $570,000 loan. These loans did … revise performance measures to report on jobs created. Before SBA’s ARC program was launched, the Agency made a …