---
kind: "section"
citation: "13 C.F.R. § 120.1050"
title: "13"
number: "120.1050"
heading: "Reviews and examinations."
url: "https://uscodex.org/cfr/13/120.1050"
---

# §120.1050. Reviews and examinations.

- (a) **Reviews.** SBA may conduct reviews of the SBA loan operations of SBA Lenders. The review may include, but is not limited to, an evaluation of the following:
  - (1) Portfolio performance;
  - (2) SBA operations management;
  - (3) Credit administration; and
  - (4) **Compliance with Loan Program Requirements.**
- (b) **Examinations.** SBA may conduct safety and soundness examinations of SBA Supervised Lenders, except SBA will not conduct safety and soundness examinations of Other Regulated SBLCs under §§ [120.1510](/cfr/13/120.1510.md) and [1511](/cfr/13/1511.md). The safety and soundness examination may include, but is not limited to, an evaluation of:
  - (1) Capital adequacy;
  - (2) Asset quality (including credit administration and allowance for loan losses);
  - (3) Management quality (including internal controls, loan portfolio management, and asset/liability management);
  - (4) Earnings;
  - (5) Liquidity; and
  - (6) **Compliance with Loan Program Requirements.**
- (c) **Reviews/examinations of Intermediaries.** SBA may perform reviews or examinations of Intermediaries.
- (d) **Other reviews or examinations.** SBA may perform other reviews/examinations as needed as determined by SBA in its discretion.

## Notes

### Amendments

[73 FR 75519, Dec. 11, 2008, as amended at 82 FR 39504, Aug. 21, 2017; 85 FR 14781, Mar. 16, 2020]

### Source

Source: 72 FR 25194, May 4, 2007, unless otherwise noted.

### Authority

Authority: 15 U.S.C. 634(b) (6), (b) (7), (b) (14), (h), and note, 636(a), (h) and (m), 650, 687(f), 696(3) and (7), and 697(a) and (e); sec. 521, Pub. L. 114-113, 129 Stat. 2242; sec. 328(a), Pub. L. 116-260, 134 Stat. 1182.

### Source

Source: 61 FR 3235, Jan. 31, 1996, unless otherwise noted.

### Amendments

[73 FR 75519, Dec. 11, 2008, as amended at 82 FR 39504, Aug. 21, 2017; 85 FR 14781, Mar. 16, 2020]