Evaluation of the 7(a) Guaranteed Business Loan Program
Author: United States. Small Business Administration
Publisher:
Published: 1992
Total Pages: 118
ISBN-13:
DOWNLOAD EBOOKRead and Download eBook Full
Author: United States. Small Business Administration
Publisher:
Published: 1992
Total Pages: 118
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Small Business Administration
Publisher:
Published: 1992
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Congress. House. Committee on Small Business
Publisher:
Published: 2017
Total Pages: 40
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Small Business Administration
Publisher:
Published: 1992
Total Pages: 116
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. General Accounting Office
Publisher:
Published: 1976
Total Pages: 132
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Congress. Senate. Committee on Small Business
Publisher:
Published: 1993
Total Pages: 44
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. General Accounting Office
Publisher:
Published: 1978
Total Pages: 52
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher: DIANE Publishing
Published: 2007
Total Pages: 26
ISBN-13: 9781422399835
DOWNLOAD EBOOKAuthor: U.s. Government Accountability Office
Publisher:
Published: 2017-08-04
Total Pages: 40
ISBN-13: 9781974239689
DOWNLOAD EBOOK"Why GAO Did This StudyFrom fiscal years 2003 to 2012, SBA guaranteed franchise loans under its 7(a) program totaling around $10.6 billion. SBA made guarantee payments on approximately 28 percent of these franchise loans, representing about $1.5 billion, according to SBA. GAO was asked to examine SBA-guaranteed loans to franchisees, and to investigate an allegation that a loan agent provided exaggerated revenue projections to franchisees of the same franchise organization to help them qualify for SBA loans.This report describes (1) the magnitude of SBA-guaranteed loans to franchisees of the franchise organization, and (2) the results of GAO's investigation into the allegation, and aspects of SBA's oversight of its 7(a) loan program with respect to loans made to franchisees of the franchise organization.GAO examined SBA's loan data and files of loans made to franchisees. GAO used the franchise organization's revenue data to compare to revenue projections in SBA applications, as well as revenue reported in the organization's disclosure documents. As part of the investigative work, GAO interviewed the franchisor, loan agents, and select borrowers to better understand the franchising experience.GAO is not making any recommendations. In their comments, representatives of the franchise organization state that GAO's comparison of average revenue in the disclosure document and the first"
Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
Published: 2018-05-20
Total Pages: 112
ISBN-13: 9781719376235
DOWNLOAD EBOOKSBA's 7(a) Loan Guarantee Program: An Assessment of Its Role in the Financial Market