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… robust economic recovery for everyone, I want to thank the SBA and PPSI for all they are doing to support small business … joined an in-depth question and answer session with SBA Fresno District Director Dawn Golik , who provided … Program, as well as discussed technical assistance that SBA district offices can provide applicants. Renee Johnson, …
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Recovery for the Smallest Restaurants and Bars: Administrator Guzman Announces Latest Application Data Results for the Restaurant Revitalization Fund
… announcement of the rapid deployment of RRF funding as the SBA continues to quickly distribute relief to approved … 3, 2021. “Through the Restaurant Revitalization Fund, SBA is helping thousands of restaurants and other food and … that included 600 local and national informational events, SBA has received: 13,114 applications from businesses with … -
The Federal Government Achieves Small Business Procurement Contracting Goal for the 4th Consecutive Year
… 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 … Underutilized Business Zones (HUBZones). Every year, the SBA works with each agency to set their prime and … -
THURSDAY & FRIDAY: Biden Cabinet Member in Hawaii to Mark Six-Month Anniversary of Maui Wildfires
… Guzman , head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for … meet with local business leaders and owners to discuss the SBA’s role in Maui’s economic recovery. She will also join … who lost their homes in the fire and discuss how the SBA helps homeowners and renters in the wake of disaster. … -
National Small Business Week kicks off in Washington, D.C. April 29-30
… 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 … 2301 Constitution Ave., NW, Washington, D.C. 20037 WHO : SBA Administrator Linda McMahon will award the National Small … -
Audit of State Trade Expansion Program
… 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 … and Trade Enforcement Act of 2015. We found that while SBA has made significant progress in improving the overall … -
The OIG High Risk 7(a) Loan Review Program
… OIG recommended that the Small Business Administration (SBA) require the lender to bring the loan into compliance … of $917,107, plus interest, on the guaranty paid by SBA. SBA agreed with the recommendation and has contacted the … -
Management Information Memorandum 15-17: The OIG High-Risk 7(a) Loan Review Program
… 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 … $2.9 million and we intend to present our findings to SBA management in a future report for appropriate action. … -
Audit Report 14 -20: Controls Governing Economic Injury Disaster Loan Approval Need Improvement
… 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. Our audit objective was to determine whether the SBA had sufficient controls to ensure working capital loans … -
Report 9-07 - System Access by Contractors without Security Clearances
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Office of Inspector General High Risk 7(a) Loan Review Program
… 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 … As a result, the lenders’ material noncompliance with SBA requirements while originating and closing the loan … -
Office of Inspector General High Risk 7(a) Loan Review Program
… 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 … As a result, the lenders’ material noncompliance with SBA requirements while originating and closing the loans … -
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
… 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 risk mitigation, interviews with SBA stakeholders, development of current- and future-state … -
Maui Skydiving LLC Mathieu and Ylenia Mayen St. Louis, Owners
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Relief Remains Available to Mississippi Businesses Impacted by April Storms:
… Storms: ATLANTA – The U.S. Small Business Administration (SBA) is reminding small businesses and private nonprofit … St. Tammany Parish in Louisiana. Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is … financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural … -
U.S. Small Business Administration to Host Virtual Military Spouse Entrepreneur Summit May 25
… 12. The event will open with video-recorded remarks from SBA Administrator Isabella Casillas Guzman. Panel speakers will include representatives from the SBA, Hiring Our Heroes (HOH), Department of Labor Transition … military spouse business owners. WHAT : SBA 2023 Virtual Military Spouse Entrepreneurship Summit WHEN … -
One year later…
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COVID-19 EIDL Program Recipients on the Department of Treasury's Do Not Pay List
… 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 … EIDL grants from March to November 2020 revealed that SBA’s lack of adequate preaward controls during this period … -
National Hispanic Heritage Month 2023 Marks Historic Time for Hispanic Entrepreneurs
… including business U.S. Small Business Administration The SBA works to ignite change and spark action so small … Person of the Year, Hernán Luis y Prado . Thanks to SBA loans and federal contracting opportunities, Hernán has … businesses in your local area while taking advantage of SBA’s resources to help turn your ideas into big-time success …