Frequency of reviews and examinations.

13 C.F.R. § 120.1051
in effectEffective: 2024-07-01
Sign in to generate a plain English summaryAsk Belisarius Agent
SBA may conduct reviews and examinations of SBA Lenders and Intermediaries on a periodic basis. SBA may consider, but is not limited to, the following factors in determining frequency: (a) Results of monitoring, including an SBA Lender's or Intermediary's Risk Rating; (b) SBA loan portfolio size; (c) Previous review or examination findings; (d) Responsiveness in correcting deficiencies noted in prior reviews or examinations; and (e) Such other risk-related information as SBA, in its discretion, determines to be appropriate.

Starting a business? Corpus forms LLCs in all 50 states and DC.