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SBA OIG: SBA’s FY 2015 Progress in Reducing Improper Payments

May 1, 2016

Pursuit's Take

SBA was not compliant with IPERA reporting requirements: disbursements for goods and services had an improper payment rate that exceeded the 10 percent threshold; and Sections 7(a) and 504 loan guaranty approvals, Hurricane Sandy disaster relief grants, and disbursements for goods and services did not meet their annual reduction target.

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