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… Act Loans ROM-1O-11 The OIG is conducting an audit of 7(a) loans disbursed pursuant to the American Recovery and … an issue that was identified during our ongoing audit of 7(a) loans disbursed under the American Recovery and … Express loans over $50,000 with maturities of less than 7 years may not exceed the Prime Rate, LIBOR Base Rate, or …
… be completed by key employees of applicant businesses. The 7(a) program, however, is governed by regulations outlined in … requirements. CONDITION: We identified three SBA-approved 7(a) Recovery Act loans that were not originated in …
… While SBA’s two major loan programs, known as the 7(a) and 504 loan programs, are not subject to recipient … review, we reviewed a sample of 30 Recovery Act loans from 7(a) program which disbursed between March 16, 2009 and May … and retention data being reported by Federal agencies. The 7(a) Loan Guaranty program is SBA’s largest lending program …
… of Documentation and Incorrect Accounting for Recovery Act 7(a) Loan Guarantee Approvals ROM 11-02 - Lack of Documentation and Incorrect Accounting for Recovery Act 7(a) Loan Guarantee Approvals Report 11-02 Attached is the … determine SBA's compliance with its guidance for approving 7(a) loan guaranties funded under the Recovery Act. KPMG …
… ROM 11-05 - Material Deficiencies Identified in Four 7(a) Recovery Act Loans Resulted in $3.2 Million of … | Download .pdf for / June 29, 2011 Related programs: 7(a), Credit/Capital Activity Audit/evaluation Remove … … ROM 11-05 - Material Deficiencies Identified in Four 7(a) Recovery Act Loans Resulted in $3.2 Million of …
… ROM 11-06– Material Deficiencies Identified in Five 7(a) Recovery Act Loans Resulted in $2.7 Million of Questioned Costs This was the second in a series … of reports resulting from our ongoing audit of purchased 7(a) Recovery Act loans. Report 11-06 This was the second in …
… 11-07- Origination and Closing Deficiencies Identified in 7(a) Recovery Act Loan Approvals On September 30, 2011, the … of reports resulting from our ongoing audit of purchased 7(a) Recovery Act loans. Report 11-07 On September 30, 2011, … of reports resulting from our ongoing audit of purchased 7(a) Recovery Act loans. This report identifies documentation …
… financially recover from disasters. SBA financing options 7(a) Loans, SBA’s largest financing program If you're unable … financing and you meet the eligibility requirements, use a 7(a) loan to buy real estate, equipment or inventory for your …