ROM 10-04 - Review of Controls Over Job Creation and Retention Statistics Reported by SBA under the American Recovery and Reinvestment Act of 2009
… of reported job creation and retention statistics for loans approved in June 2009, which raised questions about … June 2009. This included 2,333 7(a) loans(6) and 1,508 SBA Express loans. The loans were separated in this manner to be … per job created or retained. SBA estimated that the SBA Express loan program created one job for every $9,000 in loan …