ROM 10-12 - Notice of Finding and Recommendation on Material Origination and Closing Deficiencies Identified in SBA and Lender-Approved Recovery Act Loans
… under the Act were originated and closed in compliance with SBA's policies and procedures and to identify any … stated that it will determine if additional changes are needed and will flag the loans to ensure the guaranty amount … existing cash does not qualify as equity injection and no deposits were made into the business account from the …