Report 9-10 – The Small Business Administration’s Fiscal Year 2007 Improper Payment Rate for the Disaster Loan Program
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This report summarizes the results of our audit of the Small Business Administration’s (SBA) Fiscal Year (FY) 2007 Improper Payment Rate for the Disaster Loan Program. The Improper Payments Information Act (IPIA) of 2002 requires Federal agencies to review their programs and activities annually, identify programs that may be susceptible to significant improper payments, estimate amounts improperly paid, and report on the amounts of improper payments and actions to reduce them.