Audit Report 14-06: Two Economic Injury Disaster Loans Defaulted After the SBA Made Approval Decisions Totaling $1.4 Million without Mitigating the Reasons for Prior Denials
… the OIG’s ongoing audit of the Economic Injury Disaster Loan (EIDL) Program. Report 14-06 On December 20, 2013, the … the OIG’s ongoing audit of the Economic Injury Disaster Loan (EIDL) Program. The overall audit objective was to … EIDLs that involved inquiries by elected officials and loan reconsiderations. As a result, the OIG reviewed these …