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… 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 …

… 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 This report presents … lenders to sell the guaranteed portions of their SBA 7(a) loans to private investors at a premium to provide expanded availability to capital for … Audit of SBA's Controls over 7(a) Loans Sold on The Secondary Market …

… and ensure program integrity.  In our review of a statistical sample of 52 microloan files, we found that … of the data reported to SBA by the intermediaries. As a result, SBA’s ability to validate microloan data, conduct …

… 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 – …

… harm posed by individuals or entities who demonstrate a lack of business integrity. Entities suspended, debarred, … prior to approving SBA-guaranteed loans valued at $3.8 million, nor did they maintain evidence to support they had … federal contracting rules to gain access to the 8(a) Business Development Program. Also, by not documenting …

… documentation to support loan-making decisions. As a result, SBA disbursed 36,869 of the 73,313, or 50 percent, …

… 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 …

… 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 …

… Arsenal Business and Technology Partnership (Arsenal) a cooperative agreement for $180,000 to perform veterans … addition, SBA did not adhere to its policy for selecting a Technical Evaluation Panel (TEP) member who participated in … Lastly, we questioned $10,168 of unallowable costs as a result of Arsenal reporting expenditures that exceeded …

… 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 …

… oversight of the sample WBCs’ use of federal funds. As a result of weaknesses in SBA’s internal controls and limited …

… 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 …

… 22KB | Download .docx for 10/19/04 / Related programs: 7(a) Activity Authorization Support SBA Express Loan …

… Relief, and Economic Security (CARES) Act requirement for a business to be in operation on or before January 31, 2020, … Act requirement that there be no waiver of eligibility for a business that was not in operation on or before January 31, …

… of our small business job creators today, who rely on a skilled workforce to compete in today’s marketplace. I am certain she will play a pivotal role in building on the historic small business … sector experience in workforce and business development.  A native of New Orleans, Dejoie Cates’ small business …