Small Business Administration: Actions Needed to Strengthen Small BusinessLending Company Oversight

摘要

To assess the status of the Small Business Lending Company (SBLC) safety andsoundness examination program, we interviewed officials from the Small Business Administration's (SBA) Office of Capital Access and SBA's Office of Inspector General (OIG) and the Farm Credit Administration (FCA). We reviewed SBA's policies and procedures for examining SBLCs, FCA examination plans for evaluating each SBLC, and the examination reports for fiscal years 1999 and 2000. We also looked at the extent to which the fiscal year 1999 exam results were included in the fiscal year 2000 examination plans in order to determine whether SBLCs had taken action to correct deficiencies found in the first examinations. We also interviewed SBA officials and reviewed documents on specific changes made to address improving SBA's oversight program and other policy and procedural changes planned.