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  TREASURY OIG: Banks Inaccurately Reported Qualified Small Business Lending Gains 

May 1, 2016

Pursuit's Take

 

 

OIG found that 71 percent of Small Business Lending Fund (SBLF) participants that we tested made errors in reporting qualified small business lending (QSBL) for the quarter ended September 30, 2013. The net effect of these errors resulted in overreporting QSBL by approximately $14 million.


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