TITLE

SMALL BUSINESS ADMINISTRATION: Actions Needed to Ensure Planned Improvements Address Key Requirements of the Development Company (504) Loan Program

AUTHOR(S)
Shear, William B.
PUB. DATE
April 2014
SOURCE
GAO Reports;4/ 7/2014, preceding p1
SOURCE TYPE
Government Documents
DOC. TYPE
Article
ABSTRACT
The article presents a March 2014 report by the U.S. Government Accountability Office (GAO) which explores economic development to allow small businesses to create or keep jobs within their communities. It discusses the lending standards and performance measures the Small Business Administration (SBA) has created to help ensure that loans are aligned with key requisites and 504 loan performance. It also details SBA's processes for examining certified development companies' (CDC) qualifications.
ACCESSION #
95531555

 

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