Skip to main content

Lapse in Appropriations

Please note that a lapse in appropriations has caused GAO to shut down its operations. Therefore, GAO will not be able to publish reports or otherwise update this website until GAO resumes operations. In addition, the vast majority of GAO personnel are not permitted to work. Consequently, calls or emails to agency personnel may not be returned until GAO resumes operations. For details on how the bid protest process will be handled during the shutdown, please see the legal decisions page. For information related to the GAO Personnel Appeals Board (PAB), please see the PAB webpage.

Small Business: Financial Condition of SBA's Business Loan Portfolio Is Improving

RCED-92-49 Published: Dec 03, 1991. Publicly Released: Jan 07, 1992.
Jump To:

Highlights

Pursuant to a congressional request, GAO reviewed the Small Business Administration's (SBA) portfolio of its 7(a) Loan Program, which provides financial assistance to eligible small businesses that cannot borrow at reasonable terms from conventional lenders without government assistance, focusing on: (1) the number and dollar amounts of direct and guaranteed loans in the portfolio; (2) demographic information on loan recipients; (3) the portfolio's performance; and (4) statistics on overall losses to the direct and guaranteed portions of the portfolio, as well as losses incurred by each loan program.

Full Report

Full Report (76 pages)

Media Inquiries

Sarah Kaczmarek
Managing Director
Office of Public Affairs
media@gao.gov

Public Inquiries

Contact Us

Topics

Business Regulation and Consumer Protection
Business development loansDirect loansFinancial managementGovernment guaranteed loansLoan defaultsLoan repaymentsPopulation statisticsSmall business assistanceSmall business loansSmall business