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… two advisory memorandums regarding these four loans to SBA for appropriate corrective action. We also identified … totaling nearly $4 million for further investigation. SBA reviewed the 11 loans we previously reported on with … recoveries totaling more than $8.5 million. To date, SBA has contacted the lenders to obtain additional …

… 17-05, DATA Act Readiness. Report 17-05 Our evaluation of SBA’s readiness to meet the requirements of the DATA Act found that SBA developed a project plan prescribed by the eight key … meet the DATA Act reporting requirements.  Specifically, SBA (1) had not built its reporting submission specifications …

… capital planning   In FY 2013, the OIG found that the SBA continued to show limited progress in meeting FISMA … In the annual FISMA report, the OIG found the SBA needs to further establish its configuration management, … In addition to weaknesses identified in FY 2013, the SBA needs to continue to remediate outstanding and overdue …

… review process that the Small Business Administration (SBA or the Agency) used to estimate its FY 2011 improper … the 30 sampled 7(a) guaranty purchase loans reviewed, the SBA did not detect all improper payments when conducting … have adequate time to conduct reviews.  As a result, the SBA reported an improper payment rate of 1.73 percent or …

… OIG identified that the Small Business Administration’s (SBA) project oversight can be improved.  The SBA’s information technology (IT) governance boards need to … underperforming projects, when necessary. Finally, the SBA needs to ensure its Enterprise Architecture serves as the …

… improperly originated Small Business Administration (SBA) guaranteed loans made to HLCs. The complaint, which … gross revenue projections submitted by loan brokers in SBA loan applications. Accordingly, our audit objective was … loans. During the course of the audit, we also noted that SBA's Loan Accounting System did not accurately reflect …

… Purchase Center. The Small Business Administration (SBA) guarantees loans that are made by participating lenders. Upon loan default, SBA authorizes participating lenders to continue servicing … to determine if the lender materially complied with SBA’s liquidation requirements. Office of Inspector General …

… Fiscal Year (FY) 2005 and 2006 grants.  Specifically, the SBA disbursed over 500 payments to WBCs for both new and … were disbursed between 30 and 350 days from when the SBA received the payment request.  The audit also disclosed … elsewhere while attempting to resolve matters with the SBA. The OIG made 10 recommendations to ensure that grant …

… in all material respects, the financial position of the SBA as of September 30, 2008, and the results of operations, … accounting principles.  The IPA stated that while the SBA made progress in several areas in its efforts to address … on the Most Serious Management Challenges Facing the SBA  since 2000.  These deficiencies related to software …

… these five loans to the Small Business Administration (SBA) for appropriate corrective action. The issues we found … affiliates, equity injection, and repayment ability. SBA agreed with our findings and recommendations on the five … bring the loans into compliance. If that’s not possible, SBA plans to seek recovery from the lenders. Office of …

… Report RIN 3245-AG75 The Small Business Administration (SBA) is seeking input and comments on certification of Women- … Small Business Federal Contract Program (WOSB Program). SBA is planning to amend its regulations to implement Sec. … authority allowing WOSBs and EDWOSBs to self-certify. SBA intends to draft regulations to implement the statutory …

… Report RIN 3245-AG72 The Small Business Administration (SBA) proposes to amend its regulations to implement … Section 825 of NDAA FY 2015 changed the deadline for SBA to conduct a study to determine the industries in which … are underrepresented to January 2, 2016. As a result, SBA is proposing to amend its definitions of …

… Loan Necessity Questionnaire (Non-profit borrowers) SBA form 3510 OMB Number 3245-0407 Updated 12-31-20 with new … of supplemental information that will be used by SBA loan reviewers to evaluate the good-faith certification … or greater, made on their PPP Borrower Application (SBA Form 2483 or Lender’s equivalent form) that economic …

… Enterprise Azure Enclave Privacy Impact Assessment Report SBA’s Enterprise Azure Enclave utilizes Microsoft’s Azure … an environment for the management and deployment of SBA’s Platform services and O365 services. Office of the … | Download .pdf for / January 13, 2021 Related programs: SBA Operations Remove download button Off … Privacy Impact …

… Restaurant Revitalization Fund Program Post Award Report SBA form 3173 This form is the post-award report that … Revitalization Fund (RRF) recipients must submit to SBA to confirm that funds are used fully and in accordance … The first report is due no later than December 31, 2021. SBA anticipates that the majority of recipients will use all …

… and Operations for the Small Business Administration (SBA), Office of Inspector General (OIG). Ms. Hines is … improve and sustain support operations.  Prior to joining SBA OIG in March 2023, Hines worked at the United States …

… Women-Owned Business Brings New Heights to Western New York SBA Resource Partner SCORE Provides Essential Advice   … strategies in marketing.” McGuire sought mentoring from SBA resource partner SCORE Buffalo Niagara because she wanted …

… the Total Intended Leverage Commitment amount agreed to by SBA at the time of License approval and finalized within 12 … financial assistance ("Leverage Commitment") by obtaining SBA's conditional commitment to guarantee Debentures must … executed and should be submitted via e-mail to SBICFunding@sba.gov and copying the SBIC’s assigned Investment Portfolio …

… Architectural Firm Grows into a New Space by Means of an SBA-Backed Loan Robert P. Madison opened an office for the … in Cleveland, Ohio on July 17, 1954.  A successful SBA 8(a) graduate, his was the first African American owned … financing to make a move. Sandra Madison turned to the SBA for help in securing new space: in 2018 the company …