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… Loan Necessity Questionnaire (For-profit borrowers) SBA form 3509 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 …
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Lender Certification for Reinstatement or Correction of Paycheck Protection Program (PPP) Loan
… or Correction of Paycheck Protection Program (PPP) Loan SBA form A lender in the Paycheck Protection Program (PPP) … (1) reinstatement of a PPP loan that was cancelled in SBA’s ETRAN system due to the lender’s data input error, or (2) correction of the lender’s data input error in the SBA Loan Approval Amount of a PPP loan on ETRAN. SBA will … -
Duplicate Loans Made Under the Paycheck Protection Program
… Care Enhancement Act, in addition to guidance published in SBA’s PPP Interim Final Rules and PPP Frequently Asked Questions. We determined SBA did not always have sufficient controls in place to … 3 through August 9, 2020. We recommended in part that SBA: Review identified potential duplicate disbursements for … -
Loan/Lender Monitoring System
… Monitoring System Privacy Impact Assessment Report The SBA Loan/Lender Monitoring System (L/LMS) supports the Office … (OCRM) lender oversight mission. OCRM monitors SBA lender risk profiles to support oversight of the loan … L/LMS is a predictive risk analysis tool enabling SBA to prioritize loans and lender reviews based on the … -
FY 2022 Federal Information Security Modernization Act Review
… which is a rating scale for information security. We rated SBA’s overall program of information security as “not effective.” We found SBA generally responded to previously identified … incident response. However, the results of our tests show SBA continues to experience security control challenges in … -
2023 Arkansas Veteran-Owned Small Business of the Year
… other businesses, Eric received pandemic funding from the SBA in the form of a forgivable Paycheck Protection Program … loan but more recently received funding through the SBA’s 504 program. These loan funds went towards purchasing … a new building located in Little Rock. During the SBA 504 loan process, the business had 17 full-time employees … -
Update to SOP 50 56 1 related to Form 1081 CDC Character Determinations
… The purpose of this Notice is to revise SOP 50 56 1 and SBA Form 1081 to update 504 corporate governance resource partner vetting. Although other SBA program offices also use SBA Form 1081, SBA is only updating the resource partner … -
Letter Jacket, Cheer Wear Manufacturer produces PPE during crisis
… and use of U.S. Small Business Administration (SBA) programs positioned the company well to make the product … Through the years, Dalebout said he has worked with the SBA to help finance his business ventures. “We actually worked with the SBA when we purchased Intermountain T-shirt Company back in … -
Field Operations Performance Evaluation
… Field Operations Performance Evaluation Report The SBA Office of Field Operations (OFO) manages a network of 68 … explored the role of the district offices within the SBA and the broader entrepreneurial ecosystem. The evaluation … found that district office staff are committed to the SBA’s core mission to help small businesses start, grow, and … -
Lender's Application for Guaranty
… regarding loan terms, use of proceeds, and more. SBA form 1920 OMB Number 3245-03-48 SBA Form 1920 has been retired as of August 1, 2023. This … 7(a), Community Advantage Activity Authorization SBA form 1919 Borrower Information Form SOP 50 10 Lender and … -
Lori Gillen
… Gillen Director, Office of the HUBZone Program lori.gillen@sba.gov As Director of the Office of the HUBZone Program at the U.S. Small Business Administration (SBA), Lori Gillen leads a team of professionals dedicated to … through formal Mentor-Protégé Partnerships. She joined SBA in 2014 as a career senior executive in the Office of … -
Andrea Deadwyler
… for Audits at the U.S. Small Business Administration (SBA), Office of Inspector General (OIG). Mrs. Deadwyler has … Inspector General community. Mrs. Deadwyler joined the SBA OIG in 2014 as the Director of the Credit Programs Group, … the Credit and Disaster Loan Programs. Prior to joining SBA, Mrs. Deadwyler was an Audit Director for the U.S. Postal … -
Jovita Carranza
… Administrator of the U.S. Small Business Administration (SBA). As a member of President Trump’s Cabinet, she … in the event of a declared disaster. Prior to leading the SBA, Administrator Carranza served as Treasurer of the United … She previously served as the Deputy Administrator for the SBA under former President George W. Bush, where she received … -
Jihoon Kim
… of the Office of Financial Program Operations jihoon.kim@sba.gov Jihoon Kim serves as the Director of the Office of … Operations (OFPO). Jihoon is responsible for overseeing SBA’s national lending operations, including 504 and 7(a) … in Fresno, Little Rock, and Herndon, Virginia; and SBA disaster loan servicing and resolution in Birmingham, El … -
Happy SBDC Day!
… business journey. U.S. Small Business Administration The SBA works to ignite change and spark action so small … SBDC Day, we recognize the hard work and dedication of the SBA’s Small Business Development Centers (SBDCs) for their … Day unites the nearly 1,000 SBDCs across the country with SBA’s 68 District Offices to continue to provide business … -
Statement of Peggy E. Gustafson, Inspector General, U.S. Small Business Administration, Before the Committee on Appropriations Subcommittee on Financial Services and General Government, U.S. House of Representatives on April 10, 2013
… of Representatives on April 10, 2013 On April 10, 2013, SBA Inspector General Peggy E. Gustafson testified before the … hearing was to discuss the OIG’s oversight activities of SBA programs and operations. Release Date April 10, 2013 PDF Version /sites/default/files/2019-08/SBA%20OIG%20SFR%20-%20H%20Approps%2004-10-2013.pdf Article … -
‘Season of Small Business’ highlights Small Businesses in Exeter
… Administration’s Administrator Isabel Casillas Guzman and SBA New Hampshire District Office joined U.S. Jeanne Shaheen (NH-D) kicking off SBA's ‘Season of Small Business’ in Exeter, New Hampshire. The ‘Season of Small Business’ is a new, SBA-led campaign designed to drive Americans to shop at small … -
Management Alert Paycheck Protection Program Loan Recipients on the Department of Treasury’s Do Not Pay List
… of Inspector General issued this Management Alert to alert SBA about improper payments to lenders for potentially ineligible recipients of loans under SBA’s Paycheck Protection Program in response to the … as well as any fees. OIG communicated summary results to SBA management, who requested Treasury’s results and have … -
Joint Statement by Secretary Steven T. Mnuchin and Administrator Jovita Carranza on the Review Procedure for Paycheck Protection Program Loans
… PPP loans and promptly repaid loan funds in response to SBA guidance reminding all borrowers of an important … ensure PPP loans are limited to eligible borrowers, the SBA has decided, in consultation with the Department of the … backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the … -
Birmingham CEO is taking Leadership and Business to the Next Level
… was selected for the 2021 Small Business Administration (SBA) Emerging Leaders Initiative - Birmingham Cohort. The SBA Emerging Leaders Initiative is an intensive … conversations on my business.” Since graduating from SBA Emerging Leaders, TMB has experienced notable …