Audit Report 14-06: Two Economic Injury Disaster Loans Defaulted After the SBA Made Approval Decisions Totaling $1.4 Million without Mitigating the Reasons for Prior Denials
… Totaling $1.4 Million without Mitigating the Reasons for Prior Denials This report is the first of two reports … Totaling $1.4 Million without Mitigating the Reasons for Prior Denials. This report is the first of two reports … the funds to relocate, not for working capital. The other business also appeared to be ineligible for a loan increase …