ROM 11-03 - America’s Recovery Capital Loans Were Not Originated And Closed In Accordance With SBA’s Policies and Procedures
… approvals totaling approximately $148 million and at least one disbursement as of January 31,2010. Ofthe 120 loans … and 41 were SBA-approved loans. As of November 12, 2010, one hundred thirteen, or 94 percent of the 120 sampled loans …