Accuracy of the FY 2015 7(a) Loan Guaranty Purchase Improper Payment Rate
… Program purchases. The Small Business Administration (SBA) did not detect all improper payments when conducting … payments rate for the 7(a) Loan Program purchases. SBA reported improper payments of $7.91 million, or 0.9 … identified eight loan guaranty purchases as improper that SBA’s Quality Control team did not identify as improper …