ROM 10-19 - Material Deficiencies Identified in Early-Defaulted and Early-Problem Recovery Act Loans
… and early-problem 7(a) loans disbursed pursuant to the American Recovery and Reinvestment Act of 2009 … loans are those loans that default or are made to businesses that fail within 18 months of final … final disbursement. The Recovery Act provided the Small Business Administration (SBA) with $730 million to expand the …