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10-06 - Audit of SBA’s FY 2009 Financial Statements- Management Letter
… have been processed using the 14-day letter. Note: No bankruptcy proceedings were involved in either case described … we received notification that the borrower has filed for bankruptcy. (2) Prior to submitting the loan modification for … -
Instructions For Use Of SBA Form 148, Unconditional Guarantee, And SBA Form 148L, Unconditional Limited Guarantee
… a default to be cured, grant a deferment, or accept a bankruptcy plan. You may condition cure of a default on … -
11-05 - Audit of SBA's FY 2010 Financial Statements Management Letter
… complete, a workout was not feasible, and no litigation or bankruptcy existed. Therefore, the loan should have been … -
Eric M. Thorson, Inspector General U.S. Small Business Administration Before the Committee On Homeland Security, Subcommitee On Management, Integration and Oversight, United States House of Representatives July 13, 2006