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READOUT: The U.S. Small Business Administration & the White House Webinar with Small Business Leaders on Economic Recovery & Vaccine Leadership
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SBA Reaches New Milestone Awarding $7.5 Billion in Shuttered Venue Operators Grants to over 10,000 Venues
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Renton Coffee Business Stays Afloat During Pandemic, Continues to Make Positive Impact, With Help From SBA Resources
… in Renton, WA. Two months following the anniversary of a successful debut, the COVID-19 pandemic began. The business immediately experienced a 60% drop in revenue and Fesaha was faced with a whole new … staff back to work and the COVID Economic Injury Disaster Loan (EIDL) program provided the cash flow Fesaha needed to … -
Statement by SBA Administrator Guzman on the First Anniversary of the American Rescue Plan
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SBA Administrator Guzman and U.S. Senator Jack Reed to Visit Rhode Island Businesses to Highlight Buying American-Made
… of buying American-made products to continue building a strong and stable economy. Administrator Guzman will also … Mark S. Hayward. They will visit O&G Studio in Warren, a manufacturer of furniture that received Paycheck Protection Program (PPP), Economic Injury Disaster Loan (EIDL), and other SBA assistance. They will then visit … -
Young Entrepreneur Utilizes SBA Resources to Navigate Pandemic and Strategize for the Future
… business partner, Judy, they decided to sell cupcakes at a local antique and craft fair. Bringing 300 cupcakes to the … wanted to join forces. In 2017, with funding from an SBA 7(a) small business loan, Atkinson and Winfrey were able to become full owners of … -
504 Debenture Closing Checklist for Complete File Review
… Closing Checklist for Complete File Review This is a list of all documents to be submitted when requested by SBA counsel for a complete file review. SBA form 2303 This document is a list … are those submitted by a designated attorney closing a loan, and the first 13 are submitted for all other closings. … -
Table of size standards
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Program Inventory
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Audit Report 16-04, Management Letter - SBA’s FY 2015 Financial Statements Audit
… Delegated Authority Renewals; (3) Deficiencies in Disaster Loan Servicing; and (4) inadequate reviews of STAR time and … -
Audit Report 14-07: Management Letter-SBA’s FY 2013 Financial Statement Audit.
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Audit Report 15-04: Management Letter - SBA’s FY 2014 Financial Statements Audit
… (2) inadequate controls over 1502 reporting for the 7(a) guaranty loan program; (3) untimely 7(a) charge-off reviews and … -
Evaluation Report 14-21: Review of the LMAS Incremental Improvement Projects
… . This report presents the results of our review of the Loan Management and Accounting System (LMAS) Incremental … -
Report 11-17 - Release of Collateral by SBA's Disaster Processing and Disbursement Center Raises Concerns
… in our Audit of Release of Collateral by the Disaster Loan Servicing Centers, Report No. 11-15, issued June 3, … -
Audit of SBA's FY 2007 Financial Statements - Management Letter
… (1) the guaranteed purchase process, (2) the guaranty loan charge-off and lender follow-up process, (3) development … -
Audit Report 9-04: GFRS for Fiscal Year 2008 - Special Purpose Financial Statements
… change control, the Office of Disaster Assistance, the Loan Accounting System, and the Joint Administrative and … -
Review 08-15: The Disaster Loss Verification Process
… the cause and extent of property damages, and is a key step in establishing borrower eligibility and the size … -
Independent Auditors’ Report on SBA’s FY 2019 Financial Statements
… Report on SBA’s FY 2019 Financial Statements This is a report of findings pertaining to an audit SBA’s … is needed in SBA’s risk assessment processes; there is a significant deficiency related to disaster loan processing controls; and there is also a significant … -
Audit of the Office of Disaster Assistance Improper Payment Appeal Process