Small Business Administration: SBA Monitoring Problems Identified in Case Studies of 12 SBICs and SSBICs

OSI-96-3 Published: Apr 03, 1996. Publicly Released: Apr 03, 1996.

Highlights

Pursuant to a congressional request, GAO reviewed the improper management practices of 12 companies participating in the Small Business Administration's (SBA) Small Business Investment Company (SBIC) and Specialized Small Business Investment Company (SSBIC) programs.

Full Report

Full Report (36 pages)

Office of Public Affairs

Chuck Young

Managing Director

youngc1@gao.gov

(202) 512-4800

Topics

Business Regulation and Consumer Protection

Auditing proceduresBusiness development loansEthical conductPersonal loansProgram abusesReal estate purchasesRisk managementSmall business assistanceSmall business investment companiesSmall business loans