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… Commercial Loan Servicing Centers (CLSC). Our objective is more efficient and consistent processing ofloan servicing …

… leads programs that provide high-growth small businesses with access to capital and other resources. Through the Small … added two SBIC types and an SBIC Initiative.   To learn more about the SBIC program, relevant changes and product …

… years, the program has channeled $25 billion of capital to more than 6,990 U.S. small businesses representing a variety … as banks, pension funds or high net-worth individuals, with government-guaranteed debt obtained through the program. … debt and share the profits from its investments with the private investors that backed the fund.   Version …

… organization, SCORE has been an SBA resource partner for more than 50 years and provides free of charge business and … funds. Specifically, SCORE commingled federal funds with unrestricted donations and used federal funds for … its intended purpose. We made, and management agreed with, 11 recommendations that, if implemented, will improve …

… opened a BRC.  By the end of October 2017, SBA’s ODA had more than quadrupled its staff to 4,310 employees and had … time data for Hurricane Harvey disaster loan applications with a loan approval or denial decision as of October 30, …

… of maintain relative pay increases (MRPs), did not align with Office of Personnel Management guidance and Federal … the increase.  Furthermore, Federal regulations prohibit more than one increase in the rate of basic pay during a …

… as well as when downsizing.  VSIP, often combined with VERA, allows agencies to offer lump-sum payments to … following VERA-VSIP.  Overall, SBA may have been more successful in achieving its goals had it properly …

… and socially disadvantaged, small business owners with business development assistance and preference-based … 8(a) Program applicants we evaluated did not meet one or more areas of eligibility, based on information in the …

… entities.  We also determined the SBA adequately complied with the Act regarding the holding of $36,510 and utilization … funds were used to pay for valid expenses in accordance with the Act. However, the SBA did not employ sufficient … controls to ensure the acceptance of cash gifts.  More specifically, the Office of Strategic Alliances …

… However, the SBA has recently begun to deny or close more waivers due to incomplete requests or insufficient … From FY 2010 to FY 2013, the SBA approved waivers with an estimated total of approximately $10.6 billion federal contracting dollars associated with set‑aside contracts for small businesses. The OIG …

… Audit Report 14-11: SBA’s Progress in Complying with the Improper Payments Elimination and Recovery Act Audit Report 14-11: SBA’s Progress in Complying with the Improper Payments Elimination and Recovery Act … procedures were robust and led to the identification of more improper payments during the testing process.  …

… (SBA or the Agency) received invoices associated with 417 unauthorized commitments, valuing more than $1.4 million between November 2010 and May 2012.  …

… found that the SBA approved a total of nearly $1 million more than it should have for 11 of the 22 loans in our … The SBA approved 1 loan to an ineligible borrower, 2 loans with incomplete analyses, and 8 loans that contained errors … supervisory loan officers for the identified noncompliance with the standard operating procedures.  The Office of …

… review.  The Office of Inspector General (OIG) contracted with an Independent Public Accountant (IPA)to perform the … monitored the IPA’s work and reported the SBA’s compliance with FISMA with the Agency FISMA filings on November 4, … three recommendations on remediating OIG recommendations more timely, recertifying network users, and reviewing remote …

… this memorandum addresses the SBA's non-compliance with the Debt Collection Improvement Act of 1996 (DCIA).  The … audit objective was to assess whether the NDLRC complied with the DCIA for disaster loans in liquidation status.  This … which states, “an agency must refer any eligible debt more than 180 days delinquent to Treasury Financial …

… for 16 lenders selected from a universe of 57 lenders, with 33 reports.  The OIG found that the SBA did not always … its exposure to losses from a combined portfolio worth more than $4.5 billion.  The OIG issued two findings, …

… SBA had ratified four unauthorized commitments associated with an expired postage meters contract without determining … this deficiency is, but wanted to provide SBA management with an early notification of this issue so the Agency can … in the FAR. The audit team recommended that the SBA, more specifically the Chief Financial Officer: (1) continue …

… sample of 25 Recovery Act loans, approved for $500,000 or more, that were purchased as of September 30, 2010. The audit … and close the five 7(a) Recovery Act loans in accordance with the SBA’s rules and regulations, and commercially … involving affiliated businesses and Recovery Act loans with reduced guaranty  Office of Inspector General Effective: …

… in net position for the period then ended in conformity with generally accepted accounting principles.  The IPA’s … in paper and on CD-ROM.  If would like a copy of one or more, contact the Office of Inspector General.  Office of …

… totaling $1.1 billion in disbursements for which one or more disbursements occurred over a year after loan approval. … the audit from October 2007 to January 2008 in accordance with Government Auditing Standards prescribed by the …