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… in Response to Hurricanes Harvey, Irma, and Maria This is a report of OIG's consolidated findings of Initial Disaster … survivors, SBA was able to staff disaster recovery and business recovery centers within 13 days in Puerto Rico and … response was not without difficulty. We found there was a 24 percent backlog of loan applications. SBA also did not …

… General Management Advisory SBA’s Use of Vendors Without a Contract This is a management advisory of vendors with use without a contract. … significant matter we identified during our audit of Small Business Administration’s (SBA’s) management of foreclosed …

… in place to detect and prevent duplicate PPP loans. As a result, lenders made more than one PPP loan disbursement to … same tax identification number and borrowers with the same business name and address. These disbursements totaled about …

… questions: Are STEP grantees increasing the value of small business exports, reaching new clients, and producing new …

… the SVOG program can effectively help eligible small business owners and entities that have suffered economic …

… Program to restaurants, bars, and other similar places of business that serve food or drink. The purpose of this …

… (OIG) is issuing this Evaluation report to notify Small Business Administration (SBA) officials of  significant … Administrator for the Office of Capital Access to: Develop a process to maintain and track all identity theft complaints. Develop a process to provide status updates to each complainant …

… presents the results of the required audit of the Small Business Administration's (SBA's) compliance with the Payment … certified public accounting firm KPMG LLP to conduct a performance audit, as required by the Act. The objectives …

… an annual independent audit and report on the U.S. Small Business Administration’s (SBA’s) consolidated financial … obtain sufficient, appropriate audit evidence to provide a basis for an audit opinion on SBA’s consolidated financial … year ended September 30, 2021. Accordingly, KPMG issued a disclaimer of opinion on the consolidated financial …

… 22-06 We produced this Management Advisory to notify Small Business Administration (SBA) officials of serious concerns … obtained COVID-19 EIDLs and emergency EIDL grants. A portion of these applications have been identified as potential fraud risks in previous OIG reports.  A significant percentage of COVID-19 EIDLs and emergency EIDL …

… (OIG) conducted this evaluation to assess the U.S. Small Business Administration’s (SBA) processes for reviewing … ineligible. Outstanding loan forgiveness applications are a potential indicator of fraud. Borrowers who fraudulently obtained a PPP loan are unlikely to apply for loan forgiveness. We …

… Act of 2019 requires an annual audit of the Small Business Administration’s (SBA) improper payment reporting. … demonstrate improvement to payment integrity or develop a plan to meet the improper payment and unknown payment … target, and  the Disaster Direct Loan Program reported a gross improper payments and unknown payments rate exceeding …

… The Office of Inspector General (OIG) found that the Small Business Administration (SBA) did not have an organizational … the program. In addition, the agency did not establish a centralized entity to design, lead, and manage fraud risk. … This problem occurred because the agency did not establish a sufficient fraud risk framework at the start of and …

… Grant Program. Report 22-15 We inspected the U.S. Small Business Administration’s (SBA) award and payment practices … protect grant funds from fraud or misuse, SBA switched to a riskier single advance payment for all grantees. This … We selected 10 awards, totaling $33.2 million, to use as a sample to test SBA’s disbursement and budget approval …

… are providing maximum practicable opportunity for small business participation in federal contracting. This …

… SBIC fiscal year data Report Small Business Investment Company (SBIC) Fiscal Year Data. Lists …

… September 2015 Report This report describes the Small Business Investment Company (SBIC) program, its role in … institutions can use the program to expand their small-business finance activities. Office of Investment and …

… results of our audit to determine whether the U.S. Small Business Administration (SBA) maintained effective management …

… advisory to express concerns regarding the U.S. Small Business Administration’s (SBA) decision to end collections … balance of $100,000 or less. In anticipation of a significant number of delinquent PPP loans that lenders … with an outstanding balance of $100,000 or less until a comprehensive cost benefit analysis is conducted. We …

… an annual independent audit and report on the U.S. Small Business Administration’s (SBA’s) consolidated financial … sufficient and appropriate audit evidence to provide a basis for an audit opinion on SBA’s balance sheet as of September 30, 2022. Accordingly, KPMG issued a disclaimer of opinion on the consolidated balance sheets as …