United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office Office of Special Investigations author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 1995-08-07 monographic deposited born digital GA 1.13:T-OSI-95-19 https://www.govinfo.gov/app/details/GAOREPORTS-T-OSI-95-19 P0b002ee1803907de f:tos95019 DGPO 2010-08-12 2011-03-24 GAOREPORTS-T-OSI-95-19 machine generated eng fdlp REPORT GAOREPORTS-T-OSI-95-19 T-OSI-95-19 Fraud Conspiracy Small business assistance Small business loans Investment companies Bankruptcy Disadvantaged persons SBA Specialized Small Business Investment Companies Program Arkansas Whitewater Testimony OSI This testimony discusses GAO's March 1994 (GAO/OSI-94-23) on Capital Management Services, Inc., a specialized small business investment company in Little Rock, Arkansas, that was licensed by the Small Business Administration (SBA). GAO examines (1) whether SBA properly regulated and oversaw the operations of Capital Management; (2) whether Capital Management adhered to SBA regulations in determining the eligibility of firms it financed; and (3) whether it operated in a businesslike manner in providing financing. GAO also analyzes the financing that Capital Management provided to Susan McDougal, Castle Sewer and Water Corporation, and Southloop Construction Corporation, Castle's wholly owned subsidiary. https://www.govinfo.gov/content/pkg/GAOREPORTS-T-OSI-95-19/html/GAOREPORTS-T-OSI-95-19.htm GAO/T-OSI-95-19 https://www.govinfo.gov/app/details/GAOREPORTS-T-OSI-95-19 Testimony GAO/T-OSI-95-19; Small Business Administration: Inadequate Oversight of Capital Management Services, Inc.-an SSBIC; Fraud Conspiracy Small business assistance Small business loans Investment companies Bankruptcy Disadvantaged persons SBA Specialized Small Business Investment Companies Program Arkansas Whitewater