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SBA’s Oversight of HUBZone Program Participants’ Continuing Eligibility
… SBA’s Oversight of HUBZone Program Participants’ Continuing Eligibility This SBA OIG … of the Historically Underutilized Business Zone (HUBZone) program. Report 24-23 This U.S. Small Business Administration … that are located in economically distressed communities access to federal contracting opportunities to stimulate … -
Duplicate Loans Made Under the Paycheck Protection Program
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SBA's Management of Voluntary Early Retirement Authority and Voluntary Separation Incentive Payment Program
… Authority and Voluntary Separation Incentive Payment Program This audit report presents the results of our audit … (VERA) and Voluntary Separation Incentive Payment (VSIP) program. VERA provides agencies the option to offer … determine whether SBA accomplished its FY 2014 VERA-VSIP program goals. We found that while SBA made limited progress … -
SBA Announces Updated Guidance Regarding Applicant Deadlines for COVID Economic Injury Disaster Loan Program
… Deadlines for COVID Economic Injury Disaster Loan Program WASHINGTON – Today, the U.S. Small Business … guidance for COVID Economic Injury Disaster Loan (EIDL) program applicants to better serve small business owners in … Associate Administrator for SBA’s Office of Capital Access. “Key enhancements have been made to the loan program … -
Report 9-07 - System Access by Contractors without Security Clearances
… Report 9-07 - System Access by Contractors without Security Clearances 9-07 – System Access by Contractors without Security Clearances Report 9-07 … contractors were properly vetted prior to granting them access to sensitive SBA systems and data. This vulnerability … -
Verification Inspection of SBA’s Microloan Program
… Verification Inspection of SBA’s Microloan Program This SBA OIG report presents the results of our … Office of Inspector General audit report SBA’s Microloan Program (Report 17-19). Report 24-24 This report presents the … Office of Inspector General audit report SBA’s Microloan Program (Report 17-19). The U.S. Small Business … -
SBA Launches Supplemental Targeted Advance for Small Businesses Hardest Hit by COVID-19
… the COVID-19 pandemic. The Supplemental Targeted Advance program is the latest SBA relief program to launch as part of the American Rescue Plan Act on … hurting the most. The SBA’s Supplemental Targeted Advance program aims to reach those businesses with 10 employees or … -
SBA Makes Changes to its Surety Bond Program
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SBA 504 Refinance Program Made Permanent
… SBA 504 Refinance Program Made Permanent WASHINGTON -- Eligible small business … the Small Business Administration (SBA) 504 Refinance Program. SBA Administrator Maria Contreras-Sweet made the … small business owner and a banker, I know firsthand that access to capital is the single most important factor in the … -
SBA’s Award and Payment Practices in the Shuttered Venue Operators Grant Program
… Payment Practices in the Shuttered Venue Operators Grant Program This report presents the results of our inspection of … Payment Practices in the Shuttered Venue Operators Grant Program. Report 22-15 We inspected the U.S. Small Business … to administer the Shuttered Venue Operators Grant (SVOG) program. Even after determining multiple disbursements would … -
SBA Administrator Guzman Announces 2022 State Trade Expansion Program Awardees
… Administrator Guzman Announces 2022 State Trade Expansion Program Awardees WASHINGTON – Today, Administrator Isabella … the country – the highest number of grantees since the program’s inception. The awardees were selected after a … application process to SBA’s State Trade Expansion Program (STEP) . “For over 10 years the SBA’s State Trade … -
SBA’s Paycheck Protection Program for Small Businesses Affected by the Coronavirus Pandemic Launches
… SBA’s Paycheck Protection Program for Small Businesses Affected by the Coronavirus … Jovita Carranza today launched the Paycheck Protection Program, a $349 billion emergency loan program created last … gas, water, transportation, phone and internet access for services that began before February 15, 2020; and … -
Stay Safe: Tips to Protect Your Business from Scams Targeting COVID Loan Borrowers
… Stay Safe: Tips to Protect Your Business from Scams Targeting COVID Loan Borrowers March 28, 2024 Take steps … Scammers have been known to target Paycheck Protection Program (PPP) and COVID-Economic Injury Disaster Loan (EIDL) … logo. These could be traps to get your personal details, access your bank accounts, or infect your devices with … -
U.S. Small Business Administration Acts to Safeguard Integrity of HUBZone Program
… Administration Acts to Safeguard Integrity of HUBZone Program WASHINGTON – Today, U.S. Small Business … firms from the HUBZone program. Decertified firms lose access to HUBZone set-aside contracts and all other program … embody the spirit of the program’s intent to revitalize underserved rural and urban communities, these expanded … -
How to Access Capital for Your Veteran-owned Business
… How to Access Capital for Your Veteran-owned Business June 16, 2018 Access to capital is essential to getting your business off … more than a great idea and hard work – you need money. Access to capital is essential to getting your business off … -
SBA Unveils Updated Equity Action Plan to Advance the Biden-Harris Administration’s Commitment to Investing in Equity
… commitment to investing in equity, including expanding access to capital and revenue growth opportunities; tailoring … services; and increasing access to disaster assistance for underserved communities. “Under the Biden-Harris … and/or disadvantaged small businesses as outlined in program statutes and regulations. The 2023 Equity Action … -
SBA Announces Moratorium on Bona Fide Place of Business Requirements for the 8(a) Business Development Program
… of Business Requirements for the 8(a) Business Development Program WASHINGTON – The U.S. Small Business Administration … small disadvantaged businesses that have been historically underserved,” said Bibi Hidalgo, Associate Administrator for … management, and technical guidance. It also provides access to government contracting opportunities, allowing them … -
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Small Business Timber Set-Aside Program
… Small Business Timber Set-Aside Program Amendment to the Small Business Timber Set-Aside Program regulations so small businesses receive a fair … or Agency) is amending its Small Business Timber Set-Aside Program (the Program) regulations. The Small Business Timber …