Audit Report 15-05: SBA’s Evaluation of Principal’s Repayment Ability for Hurricane Sandy Business Loans
… for analyzing repayment ability of disaster business loan applications. Report 15-05 On February 24, 2015, the … ability. SBA Standard Operating Procedures (SOP) 50 30 7 states, “For business loans, we determine repayment ability … borrowers had repayment ability, and these loans are at a higher risk of default. According to a senior ODA …