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Audit Report 8-13: Planning for the Loan Management and Accounting System Modernization and Development Effort
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Audit Report 16-06: Small Business Development Center Hosted by Middle Tennessee State University
… (SBDCs) provide aspiring and current small business owners a variety of free business consulting and low-cost training … Small Business Administration (SBA), SBDCs must provide a dollar-for-dollar match. SBA awarded about $1.9 million to … $1.2 million to be used for personnel costs. However, a significant portion of the personnel expense transactions … -
Audit of RISE Act Eligibility Controls
… applicant eligibility for these loans. We audited a statistically valid sample of 26 of disbursed RISE Act … of incurred costs needed to support damage claims. As a result, SBA approved loans without sufficiently verifying … -
Audit of SBA's Oversight of the SCORE Association
… Development. The SCORE Association (SCORE) is a single cooperative agreement recipient for the program. Established in 1964 as a national, volunteer nonprofit organization, SCORE has been … managed funds used for cosponsored activities. As a result, we questioned $713,986 of costs that did not adhere … -
Audit of SBA's Controls over 7(a) Loans Sold on The Secondary Market
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Audit of SBA's Microloan Program
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Audit of SBA's FY 2007 Financial Statements - Management Letter
… internal controls and other operational matters. Report 8-06 On December 14, 2007, the OIG issued the independent … accountant or (IPA’s) management letter in Audit Report 8-06, Audit of SBA’s FY 2007 Financial Statements – … -
Audit of SBA’s Suspension and Debarment Process
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Audit of SBA’s Desktop Loss Verification Process
… documentation to support loan-making decisions. As a result, SBA disbursed 36,869 of the 73,313, or 50 percent, … -
Audit of SBA’s Oversight of High-Risk Lenders
… for the oversight of SBA lenders and its $120 billion 7(a) and 504 loan portfolio. OCRM’s mission is to maximize the … and prioritizing additional lenders for review, a comprehensive database to manage its oversight of high-risk … recommended adequate and consistent actions or have a requirement to communicate significant lender review … -
Audit of the SBA's Community Advantage Pilot Program
… of loss. The CA pilot began in February 2011, under the 7(a) loan program, to expand access to capital in underserved markets. The pilot provides access to 7(a) loan guaranties as high as 85 percent for loans up to … the default rate for similarly sized non-CA 7(a) loans was 8.7 percent. Lastly, while SBA generally established internal … -
Audit of SBA’s Cooperative Agreement With Arsenal Business and Technology Partnership’s Veterans Business Outreach Center
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Audit of SBA's Compliance with the Debt Collection Improvement Act, as Amended
… as of April 30, 2019. Under the law as amended in 2014, if a disaster loan is delinquent for 120 days, the SBA is … were exempt from collection action. In addition, a number of delinquent loans were incorrectly classified as … bear the full cost of operating the resolution center, a total of approximately $49.6 million from fiscal years … -
Audit of SBA’s Oversight of Women’s Business Centers’ Compliance with Cooperative Agreement Financial Requirements
… oversight of the sample WBCs’ use of federal funds. As a result of weaknesses in SBA’s internal controls and limited … -
Audit of State Trade Expansion Program
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Austin Company Finds Success in the Global Marketplace with Help from SBA and the Department of Commerce
… decision to hire four software engineers from Mexico on a non-immigrant NAFTA Professional (TN) visa, which allows … counseling for U.S. companies at the trade show, as a representative of the Dallas U.S. Export Assistance Center … We are going to reduce the trade imbalance one customer at a time.” Optimal Electronics had minimal experience with … -
Authorization to Disburse Proceeds
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Authorization, Grant, and Release of Materials
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Authorization (SBA Express/Export Express Loan)
… 22KB | Download .docx for 10/19/04 / Related programs: 7(a) Activity Authorization Support SBA Express Loan …