Name: State Small Business Credit Initiative: North Carolina's Use of Federal Funds for Capital Access and Other Credit Support Programs (en Inglés)
Price: 85.18 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)

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

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

28.0 x 21.6 x 0.2 cm

Peso

0.11 kg.

ISBN13

9781505264784

Categorías

Pequeñas empresas y trabajadores autónomos

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 · 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.