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… for those that have yet to tap foreign markets,” stated SBA Atlantic Regional Administrator Steve Bulger. “This … and sustain business and economic growth. In FY19, the SBA helped approximately 900 small businesses that export by … more than a total of $1 billion in loans to them. With SBA’s assistance, small businesses can more easily find their …
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Maryland Accountant Sentenced to Federal Prison in Connection With $24-Million COVID Relief Fraud Scheme
… COVID Relief Fraud Scheme Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative Cases, Audit … — administered through the Small Business Administration (SBA) — along with the Economic Injury Disaster Loan (EIDL), … Hotline at 866-720-5721 or via the NCDF Web Complaint Form at: … -
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 … -
Eligibility Information Required for 504 Submission (PCLP)
… eligibility information required for PCLP submission. SBA form 2234 (Part C) OMB Number 3245-0346 The Premier Certified … Development Company (CDC) completes this form to help SBA carryout its lender, portfolio and program oversight as … -
Settlement Sheet (Use of Proceeds Certification)
… Settlement Sheet (Use of Proceeds Certification) SBA form 1050 OMB Number 3245-0200 The purpose of this form is to document and verify that loan proceeds were … -
Lender's Transcript of Account
… Transcript of Account Lender's Transcript of Account SBA form 1149 OMB Number 3245-0132 Use of SBA Form 1149 (Lender's Transcript of Account) is not … -
Financial Statement of Debtor
… Financial Statement of Debtor Financial Statement of Debtor SBA form 770 OMB Number 3245-0012 Form 770 is the financial statement of debtor that is used by SBA servicing centers for actions that require current … -
CDC Quarterly Status Update Report
… and post-debenture purchased loans in liquidation status. SBA form A CDC must submit a Quarterly Delinquency Report to the appropriate SBA Loan Center on each loan in its portfolio that is 60 days … -
504 Debenture Closing Checklist
… Closing Checklist 504 Debenture Closing Checklist SBA form 2286 CDCs and SBA must use this Checklist for all 504 debenture closings. … -
IT Policy Archive
… Management (PBM) Policy SOP 90-82 — Procedure for Managing SBA IT Investments – Investment Review Board (IRB) SBA Policy Notice 9000-2139 — SBA Open Source Software Policy SBA Policy Notice 9000-812052 … -
Weaknesses Identified During the FY 2018 Federal Information Security Modernization Act Review
… General (OIG) reviews the Small Business Administration’s (SBA’s) information security program. To determine SBA’s compliance with FISMA, OIG contracted with an … relating to FISMA. OIG monitored KPMG’s work and reported SBA’s compliance with FISMA in the Agency FISMA filings in … -
Audit Report 15-13: Hurricane Sandy Expedited Loan Processes
… of Hurricane Sandy, the Small Business Administration (SBA or Agency) implemented two expedited loan processes: the … while mitigating the risks of loan default, and to ensure SBA complied with the processes. The Office of Inspector … on how to address complex loan situations. This led to SBA loan officers needing to deviate from SAPP procedures in … -
Evaluation Report 15-09, The OIG High Risk 7(a) Loan Review Program Recommends $1.8 Million in Recoveries
… for three loans totaling $1.8 million. To facilitate SBA’s timely review and recovery of these payments, we issued … all three loans. In a previous audit, we determined that SBA’s limited reviews of lender underwriting resulted in … with the loan. Further, this same loan was included in SBA’s FY 2014 review of improper payments, and was not … -
Audit Report 13-16R: Purchase Reviews Allowed $4.6 Million in Improper Payments on 7(a) Recovery Act Loans
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Audit Report 13-03: Benefits of Mentor Protégé Joint Ventures are Unknown: Robust Oversight is Needed to Assure Success and Avoid Abuse
… benefits to the 8(a) participant, and (2) assess the SBA’s oversight of Mentor Protégé Joint Venture Arrangements. The OIG found that the SBA lacked performance measurements for joint venture … that have joint venture agreements. As a result, the SBA did not have the information necessary to determine …