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National Preparedness Month: Disasters Happen. Prepare Now. Learn How.
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The Federal Government Achieves Small Business Procurement Contracting Goal for the 4th Consecutive Year
… to small businesses totaling $99.96 billion, an increase of over $9 billion from the previous year. “I am pleased to … awards to women-owned and small disadvantaged businesses. SBA has worked with federal agencies to expand opportunities … The FY 2016 Small Business Procurement Scorecard that SBA uses to grade agencies in terms of prime contracting and … -
Biden-Harris Administration Sets Record-Breaking $163 Billion in Federal Procurement Opportunities to Small Businesses
… exceeded its small business contracting goal of 23% in fiscal year (FY) 2022, awarding an all-time high … research & development, and other vital industries.” SBA plays a crucial role in setting contracting goals for … a detailed explanation of the methodology are available at SBA.gov . Highlights of the overall performance of the … -
Disaster Loans Now Available for Private Non-Profit Organizations in Tennessee
… ATLANTA -The U.S. Small Business Administration (SBA) announced today that certain Private Non-Profit … (PNPs) in Tennessee that do not provide critical services of a governmental nature may be eligible to apply for … 20 percent of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation … -
Working Capital Disaster Loan Deadline April 3 for Illinois Small Businesses Affected by Severe Storms
… with economic losses from the incident should apply. The declaration includes Boone, DuPage, Lee and Sangamon counties and the adjacent counties of Bureau, Cass, Christian, Cook, DeKalb, Kane, Kendall, … 12 months from the date of the initial disbursement. The SBA determines eligibility based on the size of the … -
Deadline Approaching in Maine for Private Nonprofits Organizations to Apply for Physical Damage Loans
… reminding private nonprofit organizations (PNPs) in Maine of the April 1 filing deadline to apply for physical damages … up to 20% of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation … from future damage caused by any disaster. The SBA also offers Economic Injury Disaster Loans (EIDLs) to … -
National Small Business Week kicks off in Washington, D.C. April 29-30
… 29-30 WASHINGTON – Administrator Linda McMahon , the head of the U.S. Small Business Administration, will be the … for interviews. All events will be livestreamed to www.sba.gov/nsbw . To follow along on social media use … 2301 Constitution Ave., NW, Washington, D.C. 20037 WHO : SBA Administrator Linda McMahon will honor individuals in the … -
Lender Certification for Refinanced Loan
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Audit of State Trade Expansion Program
… Audit of State Trade Expansion Program Audit of State Trade … of our audit of the Small Business Administration’s (SBA’s) State Trade Expansion Program (STEP) with the … management and effectiveness of STEP. The purpose of SBA’s STEP is to make grants to states to carry out programs … -
The OIG High Risk 7(a) Loan Review Program
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Management Information Memorandum 15-17: The OIG High-Risk 7(a) Loan Review Program
… memorandum provides an update on our oversight activities of the High Risk 7(a) Loan Review Program from April 2015 to … We identified potential material lender noncompliance with SBA’s requirements on two of the four … loans reviewed during this period. SBA honored its guaranty on these two loans for approximately … -
Audit Report 14 -20: Controls Governing Economic Injury Disaster Loan Approval Need Improvement
… Loan Approval Need Improvement This report is the second of two reports resulting from our audit of the Economic … Two Economic Injury Disaster Loans Defaulted after the SBA Made Approval Decisions totaling $1.4 Million without … our findings on the Small Business Administration’s (SBA) processing and approval of loans in the EIDL Program. … -
Office of Inspector General High Risk 7(a) Loan Review Program
… Office of Inspector General High Risk 7(a) Loan Review Program This … in accordance with the Small Business Administration’s (SBA’s) rules, regulations, policies, and procedures and (2) … that it originated and closed the loan in accordance with SBA’s requirements. Specifically, the lender did not … -
Office of Inspector General High Risk 7(a) Loan Review Program
… Office of Inspector General High Risk 7(a) Loan Review Program This … in accordance with the Small Business Administration’s (SBA’s) rules, regulations, policies, and procedures and (2) … they originated and closed the loans in accordance with SBA’s requirements. Specifically, the lenders did not provide … -
South Florida Lending Reports
… Florida Lending Reports These are lending reports. Report SBA South Florida Lending FY 2019 (Oct. 1, 2018 - Sept. 30, 2019) SBA South Florida Lending FY 2018 (Oct. 1, 2017 - Sept. 30, 2018) SBA South Florida Lending FY 2017 (Oct. 1, 2016 - Sept 30, … -
Fraud Mitigation Oversight Evaluation
… Registry (PEER) report Report This formative evaluation of the U.S. Small Business Administration’s (SBA) Fraud Mitigation Oversight was conducted using a range … methodologies, including a document review of relevant SBA materials, a literature review of best practices in fraud … -
Maui Skydiving LLC Mathieu and Ylenia Mayen St. Louis, Owners
… St. Louis and his wife Ylenia have experienced a lot of weightless moments running four popular skydiving … – according to customer feedback, the couple said. SBA Disaster Loan Provides a Critical Lifeline Through an SBA Economic Injury Disaster Loan (EIDL), Mathieu and Ylenia … -
One year later…
… U.S. Small Business Administration has helped thousands of residents and entrepreneurs in Texas, Florida, Georgia, … and businesses damaged by hurricanes. Linda McMahon Former SBA Administrator Linda McMahon served as the 25th … Administrator of the U.S. Small Business Administration (SBA) from 2017 to 2019. Read more about Linda McMahon Over … -
COVID-19 EIDL Program Recipients on the Department of Treasury's Do Not Pay List
… COVID-19 EIDL Program Recipients on the Department of Treasury's Do Not Pay List This report contains OIG's … Advisory to notify Small Business Administration (SBA) officials of serious concerns about potential improper payments in SBA’s Coronavirus Disease 2019 (COVID-19) Economic Injury …