Audit Report 9-05: Audit of SBA’s FY 2008 Financial Statements - Management Letter
… times by the SBA. Specifically, the SBA processed a batch payment multiple times resulting in duplicate … found, in some cases, a credit check was not completed before loan disbursement; an uncollateralized loan was … by the Office of General Counsel related to the Small Business Investment Company (SBIC) Program. Missing loan …