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… first year of the loan, an intermediary is not required to make any payments, but interest accrues from the date that … repayment of SBA loan, an intermediary must pledge to SBA a first lien position in the Microloan Revolving Fund and … violates the terms of its loan agreement, SBA may demand payment in full. The intermediary isn’t required to pay SBA …

… contracting with SDBs. You may register your business as a SDB if you meet the following criteria: The firm must be … requirements for any of the following programs:   The  8(a) Business Development program . This program provides … for success in the private industry. Eligibility for the 8(a) program has extra requirements. The  HUBZone program . …

… Report on SBA’s Fiscal Year 2022 Compliance with the Payment Integrity Information Act of 2019 This independent … certified public accounting firm KPMG LLP to conduct a performance audit of SBA’s Fiscal Year (FY) 2022 compliance … Grant, and the payments for covered loans in the 7(a) and 504 Certified Development Company loan guaranty …

… Report on SBA’s Fiscal Year 2023 Compliance with the Payment Integrity Information Act of 2019 This independent … certified public accounting firm KPMG LLP to conduct a performance audit of SBA’s fiscal year (FY) 2023 compliance … Operators Grant, and payments for covered loans in the 7(a) and 504 loan guaranty programs under the Debt Relief …

… not detect all improper payments when conducting improper payment reviews to estimate its FY 2015 rate for the Disaster … disbursed during the year.  We determined the improper payment rate to be at least 9.89 percent, or $29.9 million.  Our audit of a statistical sample of 31 loans identified 10 improper …

… (OMB) Memorandum M-15-02, Appendix C to Circular No. A-123,  Requirements for Effective Estimation and Remediation … and (2)   to assess SBA’s progress in remediating improper payment-related recommendations. To achieve our objectives, … coverage, or properly determining eligible loan amounts as a result of insurance or other payments received by the …