Audit Report 9-05: Audit of SBA’s FY 2008 Financial Statements - Management Letter
… times by the SBA. Specifically, the SBA processed a batch payment multiple times resulting in duplicate payments to … and one loan was reinstated without a request from the borrower. Inadequate review of the loan loss reserve fund … and Acquired Property . Lack of legal review on SBA Form 327 for Loan Guaranty Charge-off. Lack of legal review …