Search
-
… Disaster Loans , presents the results of our audit of the Small Business Administration’s (SBA) performance in mitigating the … low-interest Government loans to help homeowners, renters, and businesses throughout the United States affected by …
-
Audit Report 16-05: SBA Needs To Strengthen Its Information Technology Procurement Practices To Ensure Adequate Planning and Financial Oversight
… Procurement Practices To Ensure Adequate Planning and Financial Oversight The results of our audit of the SBA’s … and services. For fiscal years (FY) 2013 and 2014, the Small Business Administration (SBA) obligated $161.7 million on new … -
Audit Report 15-13: Hurricane Sandy Expedited Loan Processes
… Processes Report 15-13 In the wake of Hurricane Sandy, the Small Business Administration (SBA or Agency) implemented two … Pilot (SAPP), which streamlined the home loan process, and a modified Phase II method for processing economic injury … -
Audit Report 14-06: Two Economic Injury Disaster Loans Defaulted After the SBA Made Approval Decisions Totaling $1.4 Million without Mitigating the Reasons for Prior Denials
… EIDLs that involved inquiries by elected officials and loan reconsiderations. As a result, the OIG reviewed these loans to determine if SBA Processing and Disbursement Center (PDC) staff adequately addressed or … the funds to relocate, not for working capital. The other business also appeared to be ineligible for a loan increase … -
Audit Report 13-18: The SBA Did Not Effectively Manage Defaulted Disaster Loans to Maximize Recovery from 2006 to 2011
… The objective of this audit was to determine whether the Small Business Administration National Disaster Loan Resolution … potential; (3) liquidate loan collateral; (4) renew UCC financing statements to retain SBA’s lien priority in … -
Audit Report 15-06: Improvement is Needed in SBA’s Oversight of Lender Service Providers
… . This report presents the results of our audit of the Small Business Administration’s oversight of lender service … life cycle, including originating, closing, servicing, and liquidating SBA business loans. Since the number of LSPs … -
Advisory Memorandum 13-06-I Regarding Section 8(a) Annual Review
… shares observations of special agents of the U.S. Small Business Administration (SBA) Office of Inspector General … (OIG) relative to practices in the Section 8(a) Business Development Program that may inadvertently make the … -
Evaluation Report 14-21: Review of the LMAS Incremental Improvement Projects
… presents the results of our review of the Loan Management and Accounting System (LMAS) Incremental Improvement Projects … are followed. Additionally, the OIG identified that the Small Business Administration’s (SBA) project oversight can be … -
Advisory Memorandum 13-01-I Regarding the Section 8(a) Programs's Use of Internal Revenue Service Tax Verification Form 4506T
… full use of a process designed to enhance the integrity and effectiveness of the 8(a) program. Report 13-01-I This … describers observations of special agents of the U.S. Small Business Administration (SBA) Office of Inspector General … -
Report 12-17: The SBA Risks Loss of Collateral on Four Disaster Loans Totaling $5.6 Million
… Ana NDLRC. The sample included two defaulted loans the Small Business Administration (SBA or the Agency) approved for a … The OIG discovered that the Uniform Commercial Code (UCC) financing statement had lapsed for one loan the SBA approved … -
ROM 10-16 - SBA’s Planning and Award of the Customer Relationship Management Contracts, 6/29/10
… ROM 10-16 - SBA’s Planning and Award of the Customer Relationship Management Contracts, … of the Chief Information Officer (OCIO) and the Office of Business Operations. To address the second objective, we … the contract files and information from the Federal Business Opportunities (Fed BizOpps) website--the Federal … -
Review 08-16: Acceptance of VBP Group Into the 8(a) Program and Subsequent Contract Award by SBA
… Review 08-16: Acceptance of VBP Group Into the 8(a) Program and Subsequent Contract Award by SBA This report presents the … of VBP as an 8(a) company when it had not been in business for the required 2 years, and the subsequent award … by the Chairwoman of the House Committee on Small Business about the speed with which SBA processed the … -
Management Advisory Memo 16-08
… issued a memorandum, Report 16-08, which provides the Small Business Administration (SBA) with early notification of … it approved the loan in accordance with SBA’s origination and closing requirements. Specifically, the lender did not … -
Consolidated Results of the OIG High Risk 7(a) Loan Review Program
… year (FY) 2019 identified material lender origination and closing deficiencies that justified denial of the … advisory memorandums regarding these five loans to the Small Business Administration (SBA) for appropriate corrective … -
SBA Administrator Message to Lenders re: Underserved Communities
… guidance SBA wants to ensure that entities in underserved and rural markets, including veterans and members of the military community, small business concerns owned and controlled by socially and … -
SBA's Corrective Actions to Reduce 8(a) Firms Eligibility Risks
… Office of Inspector General audit reports on the 8(a) Business Development Program. Our most recent audits of SBA’s 8(a) Business Development program have identified internal control … weaknesses that allowed ineligible firms to be certified and participate in the program. This follow up inspection … -
Evaluating Technical Assistance and Economic Opportunity Outcomes of the Community Advantage Pilot Program
… Evaluating Technical Assistance and Economic Opportunity Outcomes of the Community Advantage … who may offer their borrowers technical assistance and business counseling in addition to financing. Through this study, the SBA seeks to understand … -
Management Alert Paycheck Protection Program Loan Recipients on the Department of Treasury’s Do Not Pay List
… with the U.S. Department of the Treasury Do Not Pay (DNP) Business Center, which identified high-risk transactions related to financial assistance to small businesses for the COVID-19 pandemic. Our review of … to SBA management, who requested Treasury’s results and have systemically put a “hold” flag on loans identified … -
SBA’s Controls Over Cash Contributions and Gifts, Fiscal Years 2019-20
… SBA’s Controls Over Cash Contributions and Gifts, Fiscal Years 2019-20 This compliance report … of cash contributions and gifts. Report 21-10 Before the Small Business Administration (SBA) can accept a gift, the Office … -
OED Community Navigator System PIA 2022 Sum
… System (COMNAVS) is a new cloud based data collection and management application that several stakeholders including the Small Business Administration will rely on to report on the …