Appropriations (21 - 24 of 24 items)
Small Business Administration Franchise Loans: Risk of Loss Can Be Reduced and Program Effectiveness Improved
CED-80-47: Published: Apr 11, 1980. Publicly Released: Oct 27, 1980.
A review was undertaken of the Small Business Administration's (SBA) franchise loan policies and practices. As of April 1979, SBA had made or guaranteed about 16,400 loans totaling about $1 billion to franchise businesses. However, as of September 1978, the risk of loss by SBA on franchise loans was about $548 million. Moreover, most of SBA franchise business loans have been made under its princip...
The Surety Bond Guarantee Program: Significant Changes Are Needed in its Management
CED-80-34: Published: Dec 27, 1979. Publicly Released: Feb 11, 1980.
The Surety Bond Guarantee Program of the Small Business Administration (SBA) was established to guarantee up to 90 percent of a surety company's losses on bonds issued to small businesses which could not obtain bonding without the guarantee. From its inception in 1971, the program guaranteed more than 91,000 contracts totaling $6.3 billion. GAO evaluated the management of the program.SBA has not m...
'Weight Bumping'--Falsifying Household Moving Weights To Increase Charges--What ICC Needs To Do
CED-79-75: Published: May 1, 1979. Publicly Released: May 1, 1979.
About 1 million American households which move each year are not being protected adequately against the practice of "weight bumping" which artificially increases the cost of moving. Weight bumping is the falsifying of weights of household goods shipments to increase transportation charges.The Interstate Commerce Commission (ICC) and the moving industry agree that weight bumping is a problem; they...
Regulation of Retailers Authorized To Accept Food Stamps Should Be Strengthened
CED-78-183: Published: Dec 28, 1978. Publicly Released: Dec 28, 1978.
The Department of Agriculture's Food and Nutrition Service (FNS) authorizes and regulates retailers who participate in its food stamp program. Approximately 270,000 retailers are authorized to accept food stamps. In fiscal 1977, $8 billion worth of stamps were redeemed by 17 million participants.Criteria for authorization of retailers are unclear, and authorize such firms as pastry shops, gas sta...