Audit 412822

FY End
2025-12-31
Total Expended
$4.69M
Findings
0
Programs
6
Organization: True Access Capital Corporation (DE)
Year: 2025 Accepted: 2026-09-29

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
11.307 ECONOMIC ADJUSTMENT ASSISTANCE $1.27M Yes 0
59.046 MICROLOAN PROGRAM $877,717 Yes 0
21.020 COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS PROGRAM $743,187 Yes 0
59.012 7(A) LOAN GUARANTEES $612,567 Yes 0
59.059 CONGRESSIONAL GRANTS $90,712 Yes 0
59.043 WOMEN'S BUSINESS OWNERSHIP ASSISTANCE $74,302 Yes 0

Contacts

Name Title Type
S3CFQKAGL4K9 Vandell Hampton, Jr. Auditee
3026526774 Michael Mast Auditor
No contacts on file

Notes to SEFA

The Organization participates in certain federal award programs that are revolving loan programs. The Organization had the following loan payable balances outstanding as of December 31, 2025, that do not have continuing compliance requirements, which are not included in the Schedule: <CHART> The Organization had the following loan payable balances outstanding as of December 31, 2025, that have continuing compliance requirements, which are included in the Schedule of Expenditures of Federal Awards: <CHART>
The Organization had the following loan receivable balances outstanding as of December 31, 2025, in the SBA’s Community Advantage Loan Program. SBA guaranteed loans receivable have continuing compliance requirements and are included in the Schedule: <CHART>
The Organization had the following revolving loan fund balance as of December 31, 2025, in the U.S. Department of Commerce’s Economic Adjustment Assistance Program. The Economic Adjustment Assistance revolving loan fund has continuing compliance requirements and is included in the Schedule: <CHART>
The Organization had the following loan revolving fund balance as of December 31, 2025, in the U.S. Department of Commerce’s Economic Adjustment Assistance Program that was created as part of the CARES Act. The CARES Act revolving loan fund has continuing compliance requirements and is included in the Schedule: <CHART>