Audit of the SBA's Community Advantage Pilot Program
… This report presents the results of our audit of the Small Business Administration’s (SBA’s) Community Advantage (CA) … of loss. The CA pilot began in February 2011, under the 7(a) loan program, to expand access to capital in underserved markets. The pilot provides access to 7(a) loan guaranties as high as 85 percent for loans up to …