(a) A community development financial institution participating in the program shall report quarterly to the bank:
(1) the names of micro-businesses that have received a disaster recovery loan;
(2) the current balance of all outstanding disaster recovery loans;
(3) the default rate on existing disaster recovery loans; and
(4) any other information the bank requires.
(b) A community development financial institution participating in the program shall prepare a detailed financial statement each quarter and provide a copy to the bank.
(c) A community development financial institution shall allow the bank to inspect the institution's financial records on request for purposes that relate to loans under the program.