Summary of Major Deficiencies in the Farmers Home Administration's Business and Industrial Loan Program
CED-81-56
Published: Jan 30, 1981. Publicly Released: Feb 05, 1981.
Skip to Highlights
Highlights
GAO was asked to summarize the major deficiencies in the Farmers Home Administration's (FmHA) Business and Industrial Loan Program. GAO was also asked to base the summary on audits by GAO and the Department of Agriculture (USDA) Office of the Inspector General (OIG) and internal FmHA studies. In 1977, GAO reported on loan evaluation and servicing deficiencies in the FmHA program.
Full Report
Office of Public Affairs
Topics
Agricultural programsAudit oversightBusiness development loansFinancial managementGovernment guaranteed loansIndustrial facilitiesOversight committeesPersonnel managementProgram evaluationLoan guarantees