Patriot Express

Sba Should Evaluate the Program and Enhance Eligibility Controls: Report to Congresional Requesters.

By:

U.S. Government Accountability Office

Format:

Paperback / softback

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Description

" In June 2007, SBA established the Patriot Express Pilot Loan Program within its 7(a) loan guarantee program to provide small businesses owned and operated by veterans and other eligible members of the military community access to capital. Through Patriot Express, SBA guarantees individual small business loans that lenders originate. GAO was asked to evaluate the program. This report examines (1) trends in the volume and performance of Patriot Express and related SBA loan programs; (2) the effect of the program on eligible members of the military community; and (3) SBA internal controls to ensure that only eligible borrowers participate. GAO analyzed data on performance and costs of Patriot Express and other similar SBA loan programs from 2007 through 2012; interviewed selected borrowers, lenders, and veteran service organizations; and reviewed SBA internal control guidance on borrower eligibility. "

Release date Australia

August 3rd, 2017

Author

U.S. Government Accountability Office

Audience

General (US: Trade)

Pages

Dimensions

216x279x4

ISBN-13

9781974192922

Product ID

37387299

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