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… When to Request a Purchase A lender first may request payment on the SBA guaranty for loans made under most SBA … EWCP (SOP 50 50 4A, Ch. 6, Para. 9.f) Lenders may make demand as soon as the loan is classified as being in … after the earliest uncured payment default, but must not make demand later than 180 days after the earliest uncured …
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Independent Auditors’ Report on SBA’s Fiscal Year 2024 Compliance with the Payment Integrity Information Act of 2019
… Report on SBA’s Fiscal Year 2024 Compliance with the Payment Integrity Information Act of 2019 This independent … on the U.S. Small Business Administration’s (SBA) improper payment reporting is required by the Payment Integrity Information Act of 2019. Report 25-15 This … -
Operate as an intermediary
… first year of the loan, an intermediary is not required to make any payments, but interest accrues from the date that … violates the terms of its loan agreement, SBA may demand payment in full. The intermediary isn’t required to pay SBA … intermediaries and borrowers An intermediary may only make Microloans to eligible small businesses. Proceeds from … -
Office of Capital Access
… Office of Capital Access The Office of Capital Access helps make capital available to small businesses through banks and … of these programs and enable SBA executive management to make more informed decisions on program policy. Director: … updated June 20, 2025 … The Office of Capital Access helps make capital available to small businesses through banks and … -
Contact SBA
… types listed below, who are trying to view their loan or make payments using the MySBA Loan Portal can contact MySBA … and physical loss loans 7(a) loans 504 loans For all other payment-related inquiries, visit the Get help section of our Make a payment to SBA page. Lender Match To report technical … -
Register your business
… Register your business Register your business to make it a distinct legal entity. How and where you need to … Some states allow you to register online, and some states make you file paper documents in person or through the mail. … Last updated March 7, 2025 … Register your business to make it a distinct legal entity. How and where you need to … -
PPP loan forgiveness
… reported, or that will be reported, to the relevant state Payment receipts, canceled checks, or account statements … -
Small Disadvantaged Business
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Independent Auditors’ Report on SBA’s Fiscal Year 2022 Compliance with the Payment Integrity Information Act of 2019
… Report on SBA’s Fiscal Year 2022 Compliance with the Payment Integrity Information Act of 2019 This independent … on the U.S. Small Business Administration’s (SBA) improper payment reporting is required by the Payment Integrity Information Act of 2019. Report 23-07 This … -
Information quality guidelines
… the information. Information maintenance SBA will make every effort, within SBA’s available resources, to … subject to the Paperwork Reduction Act (PRA), SBA will make every effort to ensure that the information collection … develop analytic results. To the extent possible, SBA will make the data and methods publicly available in order to … -
Independent Auditors’ Report on SBA’s Fiscal Year 2023 Compliance with the Payment Integrity Information Act of 2019
… Report on SBA’s Fiscal Year 2023 Compliance with the Payment Integrity Information Act of 2019 This independent … on the U.S. Small Business Administration’s (SBA) improper payment reporting is required by the Payment Integrity Information Act of 2019. Report 24-16 This … -
Open a business bank account
… . Customers will be able to pay you with credit cards and make checks out to your business instead of directly to you. … power . Credit card accounts can help your business make large startup purchases and help establish a credit … business doesn't meet the minimum required transactions Payment processing companies are an increasingly popular … -
Audit of the Office of Disaster Assistance Improper Payment Appeal Process
… Audit of the Office of Disaster Assistance Improper Payment Appeal Process This is a report of an audit of the Office of Disaster Assistance's Improper Payment Appeal Process Report 20-07 This report presents the … any payments that appear to have an exception that would make it improper. Department managers review the exception … -
AI for small business
… AI terminology, our list of common AI terms can help you make informed decisions. How AI can benefit your small … quickly react to an attack and apply a security patch can make all the difference to your small business. Make better business decisions. AI can help you analyze your … -
Testimony of Debra S. Ritt, Assistant Inspector General for Auditing, U.S. Small Business Administration, Before the Committee on Small Business and Entrepreneurship United States Senate September 20, 2007
… of SBA grant disbursements. I will address the extent of payment delays, their causes, and possible solutions; as well … disbursed from 30 to 353 days following the receipt of payment requests. By comparison, 40 percent of grant payments … request had been disbursed. Consequently, WBCs had to make repeated phone calls to different officials and were … -
Audit of the Accuracy of the FY 2015 Disaster Loan Program Improper Payments Rate
… 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. … -
Governing rules and responsibilities
… in price and delivery schedule. The contracting office may make some unilateral changes, while other changes may be … within the time specified in the contract You fail to make progress so as to risk the performance of the contract … contract is terminated for default, you’re entitled to payment for any goods or services you’ve already provided. If … -
Get help with your PPP loan
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Evaluation Report 15-11: SBA’s FY 2014 Compliance with the Improper Payments Elimination and Recovery Act
… to (1) assess progress SBA made in remediating improper payment-related recommendations; and (2) determine whether … and reviewed the accuracy and completeness of improper payment disclosures in the 2014 Agency Financial Report (AFR). Overall, we found that SBA continued to make progress in its efforts to prevent and reduce improper … -
Accuracy of the FY 2015 7(a) Loan Guaranty Purchase Improper Payment Rate
… of the FY 2015 7(a) Loan Guaranty Purchase Improper Payment Rate This report presents the results of our audit on … not detect all improper payments when conducting improper payment reviews to estimate its FY 2015 rate for 7(a) … General (OIG) statistically estimated the improper payment rate to be approximately four times the reported rate …