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… PPP Loan Case for $353,000 Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative Cases, Audit … in the U.S. Small Business Administration’s (“SBA”) Paycheck Protection Program (“PPP”) of the Coronavirus … in political or lobbying activities” are ineligible for SBA loans.  To apply for a Second Draw loan, an applicant had …

… 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 … organization suffered any physical property damage.  The SBA sets loan amounts and terms based on each applicant’s …

… a positive stir. U.S. Small Business Administration The SBA works to ignite change and spark action so small … (NVCA) and the U.S. Small Business Administration (SBA) hosted an event in San Francisco that brought new data … of the Office of Investment and Innovation and I joined SBA Administrator Maria Contreras-Sweet at the event that was …

… new owner, and Glenn found his “forever” company.   How SBA Helped Ingrid had obtained an SBA Paycheck Protection Program (PPP) loan during the pandemic, attended SBA training events over the years and knew most of the …

… Ardina decided to purchase a business and was assigned an SBA counselor who counseled her on marketing, finance, SBA loans, and other business topics for 15 years. Ardina’s … and more by completing a very important road map for my business – a business plan,” Ardina said. “That same …

… 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, …

… 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 …

… 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 …

… 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. …

… 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 …

… is same institution debt and there is no interim lender. SBA form 2416 When the loan being refinanced is Same … also the Lender of the debt being refinanced) must execute SBA Form 2416. SBA Loan #   SBA Loan Name   Borrower(s)   Operating Company …

… 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 …

… 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 …

… 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.  …

… 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 …

… 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 …

… 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 …