DOI OIG 97-I-257: Audit Report on the Small Business Development Agency, Government of the Virgin Islands
U.S. Department of the Interior Office of Inspector General AUDIT REPORT SMALL BUSINESS DEVELOPMENT AGENCY, GOVERNMENT OF THE VIRGIN ISLANDS REPORT NO. 97-I-257 JANUARY 1997 United States Department of the Interior OFFICE OF INSPECTOR GENERAL Washington, D.C. 20240 SUBJECT SUMMARY: Final Audit Report for Your Information: - “Small Business Development Agency, Government of the Virgin Islands” (No. 97-I-257) Attached for your information is a copy of the subject final report, which presents the results of our review of the Small Business Development Agency, Government of the Virgin Islands. The objective of the audit was to determine whether the Agency made loans only to eligible applicants and made reasonable efforts to collect the outstanding loans. We concluded that improvements were needed in the Small Business Development Agency’s loan application process and in the level of collection enforcement for delinquent loans. …
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