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… 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, …

… Operators Grant and the payments for covered loans in the 7(a) and 504 loan guaranty programs under the Debt Relief … accurate improper and unknown payment estimates for the 7(a) loan guaranty purchases, disaster assistance loans, … an improper and unknown payment estimate of less than 10 percent for the PPP loan forgiveness, PPP loan guaranty …

… 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 …

… Number 5000-866946 The purpose of this Notice is to inform 7(a) Lenders, Certified Development Companies (CDCs), … of the issuance of Standard Operating Procedure (SOP) 50 10 8, Lender and Development Company Loan Programs. Office of …

… SBA will implement these Guidelines beginning on October 1, 2002. Applicability Date: These Guidelines are applicable … to information that SBA disseminates on or after October 1, 2002. Beginning October 1, 2002, the Guidelines require … with its gift acceptance authorities in sections 5(b)(9), 7(k)(2), or 8(b)(1)(G) of the Small Business Act (15 U.S.C. …

… of the 2018 Atlantic hurricane season. This category 1 hurricane made landfall over Wrightsville Beach, North … Irma. As of the end of August 2018, SBA had approximately 1,877 staff onboard. To respond to Hurricane Florence and … their goals. The average processing time was approximately 7 days when computer-generated declines were not included. …

… in Florida, Georgia, and South Carolina between September 10 and September 11, 2017, causing at least $42.5 billion in … to the 3 hurricanes, SBA’s ODA increased its staff from 1,660 to 4,703 employees. Although SBA was able to provide …