Search

… business owners should be to establish records of timely payments with all of their financial obligations in order to …

… of the award and subsequent modification, (2) whether payments made to the contractor violated Federal regulations, … delivery of the furniture, and by making two additional payments totaling $78,856 that were unrelated to the … As a result, the SBA executed over $300,000 in improper payments against the contract.  The SBA issued a Demand for …

… much-needed relief to disaster loan borrowers by waiving payments for the first year for all disaster loans beyond … removes the burden for disaster survivors to begin making payments on their disaster loans before communities rebuild …

… is exposed to an increased risk of mismanagement, improper payments, fraud, waste, and abuse. In response to the OIG’s … including two new challenges dealing with: Improper payments in the Disaster and 7(a) Loan Programs, and SBA’s … the Loan Management and Accounting System (LMAS). Improper Payments Recent OIG audits of SBA’s Disaster and 7(a) Loan …

… It’s used for setting terms on credit, loans, lease payments and insurance premiums to name a few. As a business … is to use your credit accounts regularly and make timely payments. Building a strong business credit report is about … effectively when it needs it and that it can make timely payments when it borrows. The fact is no one knows your …

… dates when the semi-annual interest and SBA annual charge payments are due (Payment Dates) or at certain time periods …

… To facilitate SBA’s timely review and recovery of these payments, we issued three notices of finding and … reviews of lender underwriting resulted in improper payments.  In addition, the National Guaranty Purchase Center … same loan was included in SBA’s FY 2014 review of improper payments, and was not identified as an improper payment. OIG …

… Technology general control procedures and in review of payments prior to processing by Treasury.   The OIG advised the IPA of an issue concerning duplicate payments in which an invoice was paid multiple times by the … a batch payment multiple times resulting in duplicate payments to various vendors totaling $11,205,608.   No …

… Bundling of Contracts #.## 15(k)6 Provide Assistance on Payments #.## 15(k)7 Supervisory Authority #.## 15(k)8 Assign …