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25-23 - Recommendation 1

Open · 2025-08-12

From report

Report
SBA’s Collection Efforts on Delinquent COVID-19 EIDLs
OIG report number
25-23
Recommendation number
1

Recommendation text

Conduct a study to establish minimum loan thresholds for performing site visits, implement policies and procedures based the results of that study, and perform site visits to help facilitate appropriate liquidation of collateral on defaulted COVID-19 EIDLs in an effort to maximize collections.