SBA - 24-17 - 1

Open · 2024-05-21

From report

Report: 7(a) Loan Approval for Borrowers with Unresolved COVID-19 Pandemic Loan Compliance Issues
OIG report number: 24-17
Recommendation number: 1

Recommendation text

Review and appropriately resolve hold codes related to the 5,044 7(a) loans to determine impact on 7(a) eligibility and seek remedy or repayment of all 7(a) loans deemed ineligible.