State Small Business Credit Initiative: North Carolina's Use of Federal Funds for Capital Access and Other Credit Support Programs - Softcover

Office Of The Inspector General Department Of The Treasury

Softcover

ISBN 10: 1505264782 ISBN 13: 9781505264784

Verlag: CreateSpace Independent Publishing Platform, 2015

Inhaltsangabe

We determined that North Carolina appropriately used most of the $4.9 million in SSBCI funds obligated or expended that we tested, but contributed $6,690 to a reserve fund under the Capital Access Program for a loan that refinanced one previously made to the borrower by the same lender. Such refinancings are prohibited by the Act and constitute a misuse of funds. Prior to the transfer of SSBCI funds, North Carolina collected two separate documents from the lender attesting that the loan being enrolled was not made for a prohibited purpose.

Details zur Ausgabe

• Verlag: CreateSpace Independent Publishing Platform
• Erscheinungsdatum: 2015
• Sprache: Englisch
• ISBN 10: 1505264782
• ISBN 13: 9781505264784
• Einband: Taschenbuch
• Anzahl der Seiten: 36
• Kontakt zum Hersteller: Manufactured by Amazon on behalf of the author; https://www.amazon.de/hz/contact-us; ; c/o Amazon Media EU S.à.r.l., 38 Avenue John F. Kennedy; Luxembourg; L-1855; Luxemburg