Name: State Small Business Credit Initiative: North Carolina's Use of Federal Funds for Capital Access and Other Credit Support Programs (en Inglés)
Price: 92.69 PEN
Availability: InStock
Author: Office of the Inspector General Departme
ISBN: 9781505264784

portada State Small Business Credit Initiative: North Carolina's Use of Federal Funds for Capital Access and Other Credit Support Programs (en Inglés)

Formato

Libro Físico

Autor

Office of the Inspector General Departme

Editorial

Createspace Independent Publishing Platform

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

28.0 x 21.6 x 0.2 cm

Peso

0.11 kg.

ISBN13

9781505264784

Categorías

Autónomos y pequeñas empresas

State Small Business Credit Initiative: North Carolina's Use of Federal Funds for Capital Access and Other Credit Support Programs (en Inglés)

Office of the Inspector General Departme (Autor) · Createspace Independent Publishing Platform · Tapa Blanda

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Reseña del libro "State Small Business Credit Initiative: North Carolina's Use of Federal Funds for Capital Access and Other Credit Support Programs (en Inglés)"

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.