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SBA Loan Monitoring System: Substantial Progress Yet Key Risks and Challenges Remain

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Report Type Reports and Testimonies
Report Date April 25, 2000
Report No. AIMD-00-124
Subject
Summary:

GAO recently testified before Congress on the Small Business Administration's (SBA) progress in carrying out planning actions for its loan monitoring system. (See GAO/T-AIMD-00-113, Feb. 2000.) GAO indicated that SBA has made substantial progress in completing the eight planning actions mandated by law but still has to complete work on some actions and implement key functions to effectively manage the development of the loan monitoring system. This report contains a list of recommendations to help SBA complete the eight planning actions and strengthen its information technology management practices.

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