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Four years after the SBA was widely criticized for how it handled the processing of disaster relief loans following Hurricane Katrina in 2005, the U.S. Government Accountability Office said the agency has met half of the recommendations suggested for improvement.

The GAO has just released a report on additional steps the SBA should have taken by now to reform its disaster loan program and improve the application process for future disasters. Of the 26 requirements for improvement, the SBA has met 13, partially addressed eight and did not take action on five, which are not applicable at this time because they are discretionary or establish the need for additional appropriations, according to the GAO.

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