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Consolidated Findings of OIG Reports on SBA's Grant Programs FYs 2014-2018
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Evaluation Report 16-21: SBA’s 2015 and 2016 Cash Gifts
… Cash Gifts Report 16-21 On August 23, 2016, the U.S. Small Business Administration (SBA) Office of Inspector General … the Office of General Counsel for the 2014 National Small Business Week. However, of the 14 entities that cosponsored the 2014 National Small Business Week, 3 were not properly vetted through SBA program … -
Report 15-15: SBA Needs to Improve Its Management of Disaster Technical Assistance Grants
… Disaster Relief Appropriations Act of 2013 gave the Small Business Administration’s (SBA’s or the Agency) Office of … focused on the two largest recipients, the New York Small Business Development Center (NYSBDC) and the New Jersey Small Business Development Center (NJSBDC), which together received … -
Audit Report 14-10: The SBA Did Not Follow Regulations and Guidance in the Acquisition of the OneTrack System
… . The objective of the audit was to assess the Small Business Administration’s (SBA) compliance with Federal … in its acquisition of the OneTrack system for use by the Business Development (BD), Historically Underutilized Business Zone (HUBZone), and three new Mentor-Protégé … -
Evaluation of the SBA Regional Cluster Initiative
… Among the preliminary outcomes, there is evidence of new business formation within the clusters and job creation in … the clusters may have increased opportunities for small business participation within the ten clusters, made strides … -
Study of Entrepreneurial Development Resources
… of the face-to-face counseling components of the Small Business Development Centers, SCORE, and Women Business Centers. Although each of these program’s goals and … vary, a common mission is shared between them: to provide business advice, mentoring and training to small businesses … -
SBA’s Controls Over Cash Contributions and Gifts, Fiscal Years 2022 and 2021
… presents the results of our evaluation of the U.S. Small Business Administration’s (SBA) handling of cash … and accepting cash contributions for National Small Business Week 2021. SBA’s Office of Communications and Public … the Office of General Counsel for the 2021 National Small Business Week cosponsored activity. We recommended the agency … -
The SBA increases employee based size standards for industries in NAICS Sector 42, Wholesale Trade, and NAICS Sector 44 45, Retail Trade
… NAICS Sector 44 45, Retail Trade The United States Small Business Administration (SBA) has issued a final rule that … standards for 46 industries in North American Industry Classification System (NAICS) Sector 42, Wholesale Trade; … size standards review as required by the Small Business Jobs Act of 2010. Nearly 4,000 more firms in … -
SBA’s Corrective Actions to Improve Controls Over 7(a) Loans Sold on the Secondary Market
… Sold on the Secondary Market. Report 23-14 The U.S. Small Business Administration (SBA) is authorized under Section 7(a) of the Small Business Act to provide financial assistance to small … -
Control Station Inc. – Industrial Process Leader
… Station in 2004 and transitioned the company from a hobby business into a leading and global supplier of process … He has successfully built a multi-million-dollar software business that currently employs fifteen fulltime staff. Mr. … sales. Like most businesses, Dennis and his associates had business disruption during the pandemic however Dennis … -
Nampa Company is on the Cutting Edge of Robotics Integration
… started in the TECenter incubator, run by the Idaho Small Business Development Center (SBDC), where they leased … and training helped House of Design start and grow a business that implements robotic solutions using flexible … tasks and increase safety while reducing costs. The business also graduated from the SBA Emerging Leaders … -
Verification Inspection of SBA’s Microloan Program
… results of our verification inspection of the U.S. Small Business Administration’s (SBA) corrective actions for the … SBA’s Microloan Program (Report 17-19). The U.S. Small Business Administration’s Microloan Program provides loans to … -
Amid COVID Shutdown, SBA Economic Injury Disaster Loan Positions Newark Personal Training & Wellness Studio to Survive
… SBA funding as "a lifeline that helped position me and my business to survive. If I did not apply for an EIDL, there would be no way for me to continue my business," Jilus says. Widchard sees the EIDL proceeds as a helping hand, saying "the SBA is helping me stay in business. They have provided this capital in a dire moment - … -
Global Alliant, Columbia, MD
… consulting and software development firm, that turns business problems into innovative and cost-effective … SBA financing options along with state of Maryland small business certifications were key elements of Rajan’s business plan. These programs were instrumental in securing … -
CA 15961-03 SBA Amends Disaster Declaration for California: Disaster Assistance Now Available to Private Nonprofit Organizations in Yolo County
… Christopher M. Pilkerton of the U.S. Small Business Administration. Private nonprofits that provide … real estate, machinery and equipment, inventory and other business assets. SBA can also lend additional funds to help … Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, … -
VI 15294/15321 - SBA Opens Disaster Loan Outreach Center in St. Thomas, Virgin Islands
… in St. Thomas, Virgin Islands ATLANTA – The U.S. Small Business Administration (SBA) announced today the opening of … should be returned to the center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, … Maria is June 20, 2018 . ATLANTA – The U.S. Small Business Administration (SBA) announced today the opening of … -
Audit Report 13-20: Evaluation of SBA’s 2012 Cash Gifts
… 30, 2013, the OIG issued Audit Report 13-20, The Small Business Administration’s Controls Over Cash Gifts. The SBA … 4(g), 8(b)(1)(G), 5(b)(9) and 7(k)(2) of the Small Business Act (the Act). The objective of this review was to … the Chief Financial Officer for cash gifts posted to the Business Assistance Trust Fund (BAT Fund) between August and … -
NE 15580-01 SBA Disaster Assistance Available to Nebraska Private Nonprofit Organizations
… announced Administrator Linda McMahon of the U.S. Small Business Administration. Private nonprofits that provide … real estate, machinery and equipment, inventory and other business assets. SBA can also lend additional funds to help … Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, … -
Evaluation of SBA’s Disaster Assistance Loan Recommendation Services
… services. Report 22-10 We evaluated the U.S. Small Business Administration’s (SBA) procedures to award a … with established size standards to be eligible for a small business set-aside award. In addition, SBA did not ensure the …