Search

… Audit Report ROM 09-1: Key Unresolved OIG Audit Recommendations in Program Areas … Activities Needed to Safeguard Funds Audit Report ROM 09-1: Key Unresolved OIG Audit Recommendations in Program Areas … and Reinvestment Act and Related Activities Nee Report 09-1 On April 30, 2009, the OIG issued Audit Report 09-01,   Key …

… the OIG reviewed the procurement to determine (1) the appropriateness of the award and subsequent …

… end user computing.  For example, the auditor found that: (1) there were not procedures documented for the sanctions … changes, the auditor noted the following deficiencies:  (1) the configuration baselines for the Disaster Credit …

… were awarded.  The objectives of this audit were to (1) determine the extent of delays in the disbursement of … attempting to resolve matters with the SBA. The OIG made 10 recommendations to ensure that grant funds to WBCs are …

… prior to direct loan charge-off in compliance with SOP 50 5,  Consumerloan servicing and collections for disaster … loan was approved for $27,100 (exceeding the $10,000 limit on such loans);  duplication of benefits … in their review, only 16 actual duplications totaling $7,464,000.   Improvement needed in the Office of Credit Risk …

… these improvements, deficiencies continued to exist for: (1) security access controls, (2) software program changes, …

… years.  The objectives of this audit were to evaluate the (1) progress the SBA has made since project inception, (2) … per year.  The OIG issued the following findings:  (1) The SBA has not migrated LAS off the Mainframe, (2) by … the Office of Capital Access, to address recommendations 1, 2, and 3.  The LMAS project manager did not provide a …

… provide a dollar-for-dollar match.  SBA awarded about $1.9 million to the Tennessee SBDC (Lead Center) hosted by … State University for calendar year 2013.  We audited the $1.9 million grant to determine whether the Lead Center … classified, supported, and charged to the grant.  Of the $1.9 million that SBA awarded to the Lead Center, the approved …

… disaster loan application filing period for an additional 1-year period, and required the Office of Inspector General … 5 of the 26 RISE Act disaster loans reviewed, totaling $1,714,110, contained ineligible disbursements due to wrongful …

… SCORE has been an SBA resource partner for more than 50 years and provides free of charge business and technical … Our audit reviewed SCORE’s fiscal year (FY) 2017 award of $10.5 million and the first quarter of FY 2018’s award of …

… Audit of SBA's Controls over 7(a) Loans Sold on The Secondary Market This report presents … lenders to sell the guaranteed portions of their SBA 7(a) loans to private investors at a premium to provide … for small businesses. The fiscal transfer agent for 7(a) loans that is contracted by SBA facilitates the sale …

… controls and other operational matters that included: (1) the guaranteed purchase process, (2) the guaranty loan …

… As a result, SBA disbursed 36,869 of the 73,313, or 50 percent, loans included in our scope, totaling $594,286,878 of $1.4 billion, without validating the cause and extent of … Management partially agreed with recommendations 1 and 2 and agreed with recommendations 3 and 4. Management’s …

… for the oversight of SBA lenders and its $120 billion 7(a) and 504 loan portfolio. OCRM’s mission is to maximize … deficiencies will continue to participate in SBA’s 7(a) and 504 loan programs, which could jeopardize the … in FYs 2015–2017. These lenders originated and disbursed $1 billion in loans in which $112.5 million was transferred to …

… of loss. The CA pilot began in February 2011, under the 7(a) loan program, to expand access to capital in underserved … Income (LMI) communities, businesses where more than 50 percent of the full-time workforce is low-income or … SBA purchased these defaulted loans for about $2.1 million. We question about $51.5 million, which include the …