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Audit Report 15-13: Hurricane Sandy Expedited Loan Processes

… EIDL processing times while mitigating the risks of loan default, and to ensure SBA complied with the processes. The … processing time by loan officers and mitigated loan default risk. However, the expedited EIDL method for …

Document Last updated August 8, 2019
https://www.sba.gov/document/report-15-13-audit-report-15-13-hurricane-sandy-expedited-loan-processes
Review 08-17: Disaster Loan File Transfer and Servicing Delays

Document Last updated August 8, 2019
https://www.sba.gov/document/report-08-17-review-08-17-disaster-loan-file-transfer-servicing-delays
SBA Loss Report

Document Last updated June 19, 2018
https://www.sba.gov/document/support--sba-loss-report
10-06 - Audit of SBA’s FY 2009 Financial Statements- Management Letter

… with a loan balance of $1 ,419,095.53 at time of borrower default. The liquidation efforts were completed by the … interest on the balance as of the earliest uncured payment default); and To any principal balance. g. How is the amount … the balance outstanding at the time ofthe earliest uncured default. The Improper Payments Infonnation Act of 2002, …

Document Last updated August 8, 2019
https://www.sba.gov/document/report-10-06-10-06-audit-sbas-fy-2009-financial-statements-management-letter
Testimony of Inspector General Hannibal "Mike" Ware before the U.S. House of Representatives Committee on Small Business - April 20, 2021

Article Last updated April 20, 2021
https://www.sba.gov/article/2021/apr/20/testimony-inspector-general-hannibal-mike-ware-us-house-representatives-committee-small-business
Participating Security Deal Factors Prepayment Experience

… distributed pro-rata to the investors in each pool. A default by an SBIC could result in forced redemptions of the …

Document Last updated March 1, 2019
https://www.sba.gov/document/support--participating-security-deal-factors-prepayment-experience
Statement from SBA Administrator Karen Mills on the Revocation of EDF's Authority to Participate in the 504 Loan Program

Article Last updated February 6, 2025
https://www.sba.gov/article/2012/dec/17/statement-sba-administrator-karen-mills-revocation-edfs-authority-participate-504-loan-program
SBA Obtains $256K Judgment Against Fraudulent Medico

Article Last updated February 6, 2025
https://www.sba.gov/article/2016/may/16/sba-obtains-256k-judgment-against-fraudulent-medico
McClintock Testimony before Senate Indian Affairs - April 7, 2011

Article Last updated August 1, 2019
https://www.sba.gov/article/2011/apr/07/mcclintock-testimony-senate-indian-affairs-april-7-2011
Premier Certified Lenders Program Control Agreement

Document Last updated November 29, 2017
https://www.sba.gov/document/sba-form-2230-premier-certified-lenders-program-control-agreement
Testimony of SBA Inspector General Peggy E. Gustafson before the Senate Committee on Small Business and Entrepreneurship, June 16, 2011

Article Last updated August 1, 2019
https://www.sba.gov/article/2011/jun/16/testimony-sba-inspector-general-peggy-e-gustafson-senate-committee-small-business-entrepreneurship
On June 14, 2022,Inspector General Hannibal "Mike" Ware provided testimony before the U.S. House of Representatives Select Subcommittee on Coronavirus Crisis

Article Last updated June 23, 2022
https://www.sba.gov/article/2022/jun/23/june-14-2022inspector-general-hannibal-mike-ware-provided-testimony-us-house-representatives-select
Testimony of Inspector General Hannibal "Mike" Ware before the U.S. House of Representatives Committee on Small Business - January 12, 2022

Article Last updated January 13, 2022
https://www.sba.gov/article/2022/jan/13/testimony-inspector-general-hannibal-mike-ware-us-house-representatives-committee-small-business
On March 25, 2021, Inspector General Hannibal "Mike" Ware provided testimony before the U.S. House of Representatives Select Subcommittee on Coronavirus Crisis.

Article Last updated April 2, 2021
https://www.sba.gov/article/2021/apr/02/march-25-2021-inspector-general-hannibal-mike-ware-provided-testimony-us-house-representatives
Testimony of Inspector General Hannibal "Mike" Ware before the U.S. Senate Committee on Small Business and Entrepreneurship - March 24, 2021

Article Last updated April 2, 2021
https://www.sba.gov/article/2021/apr/02/testimony-inspector-general-hannibal-mike-ware-us-senate-committee-small-business-entrepreneurship
Testimony of Inspector General Hannibal "Mike" Ware before the House Committee on Small Business, Subcommittee on Investigations, Oversight and Regulations

Article Last updated October 1, 2020
https://www.sba.gov/article/2020/oct/01/testimony-inspector-general-hannibal-mike-ware-house-committee-small-business-subcommittee
Statement of SBA Administrator Maria Contreras-Sweet at U.S. Senate Committee on Small Business & Entrepreneurship Hearing

… zero taxpayer subsidy for three consecutive years. SBA’s default rate on 7(a) loans is 1.47 percent, the lowest since …

Article Last updated February 6, 2025
https://www.sba.gov/article/2016/may/26/statement-sba-administrator-maria-contreras-sweet-us-senate-committee-small-business
Testimony of SBA Inspector General Peggy E. Gustafson Before the House Committee on Small Business, Subcommittee on Investigations, Oversight, and Regulations

Article Last updated August 1, 2019
https://www.sba.gov/article/2011/oct/27/testimony-sba-inspector-general-peggy-e-gustafson-house-committee-small-business-subcommittee
Statement of Peggy E. Gustafson before the U.S. Senate Committee on Homeland Security and Government Affairs, Subcommittee on Contracting Oversight on December 6, 2011

Article Last updated August 1, 2019
https://www.sba.gov/article/2011/dec/06/statement-peggy-e-gustafson-us-senate-committee-homeland-security-government-affairs-subcommittee
Statement of Peggy E. Gustafson, Inspector General, U.S. Small Business Administration, Before the Committee on Appropriations Subcommittee on Financial Services and General Government, U.S. House of Representatives on April 10, 2013

Article Last updated August 1, 2019
https://www.sba.gov/article/2013/apr/10/statement-peggy-e-gustafson-inspector-general-us-small-business-administration-committee