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State Trade Expansion Program (STEP) Funding Opportunity Announcement and FAQ
… This Funding Opportunity Announcement invites proposals for funding from eligible state entities interested in and … March 31, 2022 | File size: 667KB | Download .pdf for Fiscal year 2022 / March 31, 2022 Support State Trade Expansion Program (STEP) Grant Application Instructions Remove download button Off … This … -
Audit of RISE Act Eligibility Controls
… results of our audit of the SBA’s Recovery Improvements for Small Entities after Disaster Act (RISE Act) eligibility … Business Administration’s (SBA’s) Recovery Improvements for Small Entities after Disaster Act of 2015 (RISE Act) … Sandy, reopened the Hurricane Sandy disaster loan application filing period for an additional 1-year period, … -
SBA’s FY 2016 Compliance with the Improper Payments Elimination and Recovery Act
… M-15-02, Appendix C to Circular No. A-123, Requirements for Effective Estimation and Remediation of Improper … risk assessments, published improper payment estimates for all programs and activities identified as susceptible to … a gross improper payment rate of less than 10 percent for six of seven areas tested for FY 2016 reporting, and … -
Audit Report 13-18: The SBA Did Not Effectively Manage Defaulted Disaster Loans to Maximize Recovery from 2006 to 2011
… servicing and offset; (2) analyze most delinquent debts for workout and restructuring potential; (3) liquidate loan … (4) renew UCC financing statements to retain SBA’s lien priority in non-real estate collateral; or, (5) refer offer-in-compromise settlements for debts above $500,000 to the Headquarters Claims Review … -
Audit Report 8-13: Planning for the Loan Management and Accounting System Modernization and Development Effort
… Audit Report 8-13: Planning for the Loan Management and Accounting System Modernization … past several years to update existing financial software application modules. The current Loan Accounting System … the Agency to renew costly contracts for mainframe and application support services for another five years. These … -
Spurring Business in Communities Act of 2017 Guidance
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Evaluation of SBA's All Small Mentor-Protégé Program
… and to help protégé firms successfully compete for federal contracts. The program aims to help small … relationship can form a joint venture to compete for federal contracts reserved for small businesses. The … effective controls to ensure it conducted initial application reviews and annual evaluations in accordance with … -
Evaluation of Certify.SBA.gov
… SBA initiated an IT investment to improve key applications for SBA’s contracting programs. Certify was envisioned to be … make document review straightforward, and provide tools for identifying fraud, waste, and abuse. SBA’s Business … and reporting tools it was supposed to have. To compensate for Certify’s shortcomings, program analysts must use labor … -
Inspection of Small Business Administration's Initial Disaster Assistance Response to the Coronavirus Pandemic
… provided additional funding of about $373 billion for EIDL; and provided $20 billion to stand up a new program for EIDL advance grants. We found that SBA, in its effort … the risk of program fraud. The unprecedented demand for COVID-19 EIDLs and the equally unprecedented challenges … -
Shuttered Venue Operators Grant - 4506-T Form
… Form Use this version of the IRS Form 4506-T when applying for a Shuttered Venue Operators Grant SBA form Office of … Recovery & Resilience File size: 377KB | Download .pdf for / Related programs: Shuttered Venues Support FAQ … Grant (SVOG) Support Shuttered Venue Operators Grant Application Checklist Remove download button Off … Use this … -
STEP Director’s Memo - STEP 9 FY21 Funding and FAQs
… February 25, 2021 | File size: 593KB | Download .pdf for / February 25, 2021 Support State Trade Expansion Program (STEP) Grant Application Instructions Remove download button Off … … -
SBA’s Paycheck Protection Program Loan Review Processes
… conducted this evaluation to assess the SBA's processes for reviewing Paycheck Protection Program loans for eligibility and forgiveness. Report 22-09 The Office of … million loans totaling $177.3 billion with no forgiveness application as of May 2021. We recommended that SBA develop a … -
Evaluation of SBA’s Disaster Assistance Loan Recommendation Services
… Administration’s (SBA) procedures to award a contract for data analysis and loan recommendation services for Economic Injury Disaster Loan (EIDL) applications and … RER Solutions and its subcontractor Rocket Loans set aside for small businesses. SBA initially set a contract ceiling of … -
SBA Administrator Guzman Announces Implementation of Transformational Public-Private Investment Program Reforms
… to increase access to private equity and debt capital for: Underserved small businesses and startups, … Starting August 17, private market fund managers can apply for SBIC licenses designed for investing in American small … for new program applicants and provide a more streamlined application experience. “The Biden-Harris Administration is … -
SBA’s Reporting of Loan Data to a Commercial Credit Reporting Agency
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TNR Accounting and Management Consulting
… tax preparation, and management consulting services for corporations, governmental agencies, and small to … Program (PPP) and the Economic Injury Disaster Loan (EIDL) application processes. Once educated, the firm applied for … COVID-19 EIDL and $20.8k in PPP funds; for their PPP loan application, they obtained assistance from Amegy Bank. … -
Policy Guidance: FY 2023 SBIC Annual Letter year-end Reporting Requirements
… within 90 calendar days from the close of its fiscal year. For example, if the SBIC’s fiscal year-end is December 31st, … submit the SBA Form 468 electronically using the SBIC-Web application provided by SBA. SBA recommends that once the … for Uploading new MS Excel and .PDF Files in the SBIC WEB Application” Version 1.0, dated September 29, 2023 (“Upload … -
Statement by SBA Administrator Guzman on President Biden’s State of the Union Address
… (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, issued … Administration’s transformative agenda is fighting for the middle class, leveling the playing field for all Americans, and boosting our economy. The President’s … -
Maui Wildfires – Initial Disaster Assistance and Recovery Response
… to the Maui wildfire disaster, including staffing, loan application volume, and timeliness of disaster loan … calls and loan applications, we identified an opportunity for improvement that may be beneficial in future disasters – … April 2, 2024 | File size: 916KB | Download .pdf for / April 2, 2024 Related programs: Disaster Activity …