Search

… audit procedures relating to FISMA.  The IPA interviewed SBA personnel, inspected documentation, and tested the effectiveness of SBA’s Information Technology (IT) security controls.  The OIG monitored the IPA’s work and reported the SBA’s compliance with FISMA with the Agency FISMA filings on …

… of 2009.  The audit objective was to determine whether the SBA took actions to mitigate material lender risks identified … of 57 lenders, with 33 reports.  The OIG found that the SBA did not always take actions to address lender risks and … The OIG issued two findings, specifically:  (1) the SBA did not recognize and take action to address significant …

… of our review of the Small Business Administration's (SBA)  Accounting of Drug Control Funds and Performanc e  … circular would constitute an unreasonable burden. As the SBA's Fiscal Year (FY) 2010 drug-related obligations were … circular would constitute an unreasonable burden for the SBA. Also, nothing came to our attention that caused us to …

… the Auditing Division decided not to perform an audit of SBA’s electronic records management (ERM) program at this … OIG, however, decided not to conduct the audit because SBA’s ERM program is in the early stages of development. This … when conducting the initial survey.  Specifically, (1) the SBA had not developed complete inventories and disposition …

… of our audit of the Small Business Administration’s (SBA) Fiscal Year (FY) 2008 improper payment rate for the 7(a) … actions to reduce them. Since implementation of the Act, SBA has reported a low improper payment rate for the 7(a) … purchases, we initiated the audit to determine (1) whether SBA’s FY 2008 estimate of the improper payment rate for the …

… from our review of the Small Business Administration's (SBA's) efforts to expedite loan disbursements during its … supporting documentation. We previously reported(1) that SBA had disbursed loans without obtaining all of the … loans. The purpose of this audit was to determine whether SBA secured other documents prior to disbursing loan …

… Modernization Act (FISMA) requires that OIG review 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 …

… RIN 3245-AG69 The U.S. Small Business Administration (SBA or Agency) is amending its Small Business Timber … Program is rooted in the Small Business Act, which tasked SBA with ensuring that small businesses receive a fair … small business participation falls below a certain amount. SBA considered comments received during the Advance Notice of …

… Evaluation & Evidence Registry (PEER) report Report The SBA’s Surety Bond Guarantee (SBG) Program guarantees bid, … cannot obtain traditional commercial surety bonds. The SBA announced a temporary fee reduction for surety agents and firms. SBA contracted with 2M Research (2M) to evaluate the effects …

… 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 …

… 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 …

… 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 …

… 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 …

… 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 …

… 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 …

… –  Today, the  U.S. Small Business Administration (SBA)  announced $3.5 million in grant awards to support … American Samoa. Organizations receiving grants from the SBA have demonstrated a commitment to addressing challenges … For more information or to find a VBOC near you, visit www.sba.gov/vboc . To learn more about SBA’s programs for …

… and Tom’s of Maine. It’s now your time to join the list of SBA’s National Small Business Week winners by submitting a … The National Small Business Person of the Year is SBA’s signature award. There are other award categories that … All nomination packages require a completed background form for all nominees, nomination form and photo of …

… Program and Economic Injury Disaster Loan Program: “The SBA has processed more than 14 years’ worth of loans in less … much-needed relief to people and businesses. “By law, the SBA will not be able to issue new loan approvals once the … backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the …

… Program and Economic Injury Disaster Loan Program: “The SBA has processed more than 14 years’ worth of loans in less … much-needed relief to people and businesses. “By law, the SBA will not be able to issue new loan approvals once the … backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the …

… of other small business owners, Isaac applied for an SBA COVID-19 EIDL (Economic Injury Disaster Loan), as well as an EIDL Advance and an SBA Paycheck Protection Program (PPP) forgivable loan so the … family-owned business continues to grow and evolve. And SBA stands ready to assist Better Blend every step of their …