Eric M. Thorson, Inspector General U.S. Small Business Administration Before the Committee On Homeland Security, Subcommitee On Management, Integration and Oversight, United States House of Representatives July 13, 2006
… In January 2002, Congress authorized SBA to provide financial assistance to small businesses that were affected … to documentation in the lender’s loan file or borrower statements – 21 loans; or (5) vague and neither contrary to … disaster loan proceeds, and false statements concerning financial status. For example, in one case, the president and …