Report 16-18: Early-Defaulted Hurricane Sandy Disaster
… of our audit of the Small Business Administration’s (SBA) performance in mitigating the risks of Hurricane Sandy … from defaulting early (within 18 months of disbursement). SBA’s Office of Disaster Assistance (ODA) provides financial … which caused $128 billion in damage. As of November 2013, SBA had approved and disbursed 19,295 loans, totaling …