Audit Report 14-16: Effectiveness and Timeliness of the Hurricane Sandy Disaster Loan Closing and Disbursement Processes
… being performed prior to disbursement, and whether the SBA met its strategic goal of making initial disbursements … of executed closing documents. The OIG found that the SBA closed and disbursed Hurricane Sandy disaster loans in … performance standards. The OIG also determined that the SBA obtained all required closing documents during the …