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… 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 …

… Report 8-08 – UPS Capital Business Credit’s Compliance with Selected 7(A) Lending Requirements This report presents the results of our audit of UPSC's compliance with selected Small Business Administration (SBA) lending … is provided in Appendix II. The sampled loans comprise more than one-third of the $30.8 million SBA paid for the 103 …

… schemes related to SBA economic stimulus programs.  For more information see the Office of Inspector General's page …

… existing controls. This document is intended to assist SBA with ensuring program integrity, program goals and objectives … hurricanes were EIDLs. As of April 1, 2020, SBA received more than 94,000 EIDL applications for the COVID-19 pandemic. … the timeframe of the disaster Encountered challenges with having experienced or well-trained staff to provide …

… SBA loans, which can be forgiven if used in accordance with the Act. SBA launched the program on April 3, 2020, and just 14 days later, by April 16, PPP lenders approved more than 1,661,000 loans totaling nearly $342.3 billion. On … for implementing the PPP and SBA’s FAQs mostly aligned with the Act. We identified the following areas, however, …

… amendments will make it easier for participants to comply with the program requirements and enable them to maximize the … expanded, or repealed to make the HUBZone Program more effective and/or less burdensome on small business …

… Business Act by replacing fixed dollar amount thresholds with reference to the micro-purchase and simplified … by United States Citizens in the HUBZone program to more accurately align with the underlying statutory authority. Finally, SBA is …

… immediate attention and action. OIG had been inundated with contacts to investigative field offices and the complaint Hotline. OIG received complaints of more than 5,000 instances of suspected fraud from financial … Additionally, we have found indications of deficiencies with internal controls related to disaster assistance for the …