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… Act). The objectives of this engagement were to assess (1) the completeness, accuracy, timeliness, and quality of the … implement. Office of Inspector General Effective: November 7, 2019 | File size: 715KB | Download .pdf for / November 7, 2019 Related programs: Agency Management Activity …

… reported an improper payments rate that exceeded the 10 percent threshold for compliance and did not demonstrate …

… KPMG auditors found the agency was compliant with 5 of the 10 reporting requirements under the Act and Office of … for each program with annual outlays greater than $10 million; three of four reported areas did not publish an … improper payments and unknown payments rate exceeding 10 percent, which is the higher than the amount allowed by …

… KPMG auditors found SBA was not compliant with 8 of the 10 reporting requirements under the Act and Office of … Operators Grant, and payments for covered loans in the 7(a) and 504 loan guaranty programs under the Debt Relief … Demonstrate improvements to payment integrity for 7(a) loan guaranty approvals, 7(a) loan guaranty purchases, …

… performance on a regular basis (13 CFR § 120.823(d)(7)). SBA regulations require a CDC to have a Board-approved … (13 CFR § 120.823(d)(13) and 13 CFR § 120.826(b)(3)). SOP 50 10 requires a CDC’s internal control policy to ensure …

… than 800 participating SBA-approved lenders throughout all 50 states and territories. Once you’re an established … agencies and private sector organizations. At nearly 1,000 locations across the U.S., SBDCs also offer low- or …