Evaluation Report 15-11: SBA’s FY 2014 Compliance with the Improper Payments Elimination and Recovery Act
… for Hurricane Sandy disaster relief grants and 7(a) loan guaranty purchases. Specific areas include the accuracy … the improper payment rate for the Disaster Assistance loan disbursements exceeded the 10 percent threshold, and 7(a) guaranty loan approvals did not meet their annual reduction target. …