Small business loans (81 - 90 of 117 items)
SBA's Regulatory Disaster Loan Programs
089601: May 10, 1976
No summary is currently available...
SBA's Certified Lenders Program Falls Short of Expectations
RCED-83-99: Published: Jun 7, 1983. Publicly Released: Jun 7, 1983.
GAO evaluated the effectiveness of the Small Business Administration's (SBA) efforts to streamline its loan delivery system by involving private lenders in the credit check process through the Certified Lenders Program (CLP). GAO also commented on whether SBA experience under the CLP warranted further delegation of authority to lenders under the Preferred Lenders Program (PLP).GAO stated that SBA...
SBA's 7(a) Loan Guarantee Program: An Assessment of Its Role in the Financial Market
RCED-83-96: Published: Apr 25, 1983. Publicly Released: Apr 25, 1983.
GAO reviewed the role of the Small Business Administration's (SBA) 7(a) Loan Guarantee Program in assisting small businesses.GAO sent questionnaires to lenders participating in the program to determine what role the SBA guarantee plays in their small business lending practices. GAO found that the SBA guarantee is an important factor in a bank's decision to lend to new businesses and businesses wit...
Loan to Lifetime Door Company, Inc.
B-169230: Published: Jun 17, 1970. Publicly Released: Nov 12, 1982.
No summary is currently available...
The Small Business Administration's Economic Opportunity Loan Program
116828: Oct 27, 1981
GAO reviewed the Small Business Administration's (SBA) Economic Opportunity Loan Program. At the time of the review, the Program was one of several SBA programs to help socially or economically disadvantaged people create and develop small businesses. Established with a difficult mission, the Program funded businesses that could not get assistance from other SBA programs or from the private sector...
Opinion Concerning the SBA Disaster Loan Program
B-202568: Published: Sep 11, 1981. Publicly Released: Sep 11, 1981.
In March 1981, the Small Business Administration (SBA) found that its appropriation could not meet the requirements of its disaster programs for the remainder of the fiscal year. Excessive demands exhausted the funding apportioned to SBA, which necessitated an immediate suspension of the approval of disaster loans until the apportionment of additional funds could be obtained. Effective March 19, 1...
Better Management of Collateral Can Reduce Losses in SBA's Major Loan Program
CED-81-123: Published: Jul 17, 1981. Publicly Released: Jul 17, 1981.
The 7(a) loan program of the Small Business Administration (SBA) makes or guarantees loans to small businesses that are unable to obtain financial assistance from other sources such as private lending institutions. In recent years, the 7(a) program has experienced increasing losses. As of April 1981, 14.4 percent of the outstanding loans were delinquent or in liquidation. As loans face possible li...
SBA Franchise Loans: Risk of Loss Can Be Reduced and Program Effectiveness Improved
115255: May 19, 1981
GAO reviewed 92 loans in 10 of the Small Business Administration's (SBA) field offices. Seventy-eight of the loans were guaranteed and 14 were direct loans, most of which were made to automobile dealers, gasoline stations, and fast food franchises. The SBA risk of loss or share of the outstanding franchise loan balances totaled about $548 million. SBA unnecessarily bore most of the risk on these l...
SBA's Pilot Programs To Improve Guaranty Loan Procedures Need Further Development
CED-81-25: Published: Feb 2, 1981. Publicly Released: Feb 2, 1981.
The 7(a) business loan program is the principal activity of the Small Business Administration (SBA) for providing financial assistance to small businesses. SBA makes loans to small businesses and guarantees loans made by others. In recent years, the program has emphasized guaranty loans whereby SBA guarantees the repayment of loans made to small businesses by private lending institutions. The majo...
Most Borrowers of Economic Opportunity Loans Have Not Succeeded in Business
CED-81-3: Published: Dec 8, 1980. Publicly Released: Dec 8, 1980.
The Small Business Administration (SBA) Economic Opportunity Loan Program (EOL) has been a means for sustained economic progress for relatively few borrowers. The program originated with the Economic Opportunity Act as a part of the war on poverty. Today, it is part of a larger SBA effort involving several programs to help socially and/or economically disadvantaged people create and maintain small...