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… whose achievements stand out. Linda McMahon Former SBA Administrator Linda McMahon served as the 25th Administrator of the U.S. Small Business Administration (SBA) from 2017 to 2019. Read more about Linda McMahon …

… Founder of Lender Service Provider Convicted for Role in … PPP Fraud Scheme Click Here to Sign Up for SBA OIG Email Updates on Recent Investigative Cases, Audit … pandemic relief programs for personal gain is an egregious theft of taxpayer funds,” said Deputy Inspector General …

… LLC (Colmex) has grown to become a leader in all phases of the residential and commercial construction industry. … afford the normal costs. Angelica has been a client of SBA since the inception of Colmex Construction.  She has … numerous trainings and one-on-one counseling sessions from SBA over the years.  She became a client of SBA’s Women’s …

… Small Business Administration today published a package of final rules that will revise regulations to strengthen its … position to drive economic growth and create jobs,” SBA Administrator Karen Mills said. “Through public meetings held in cities throughout the country, SBA gained valuable input from members of the small business …

… ("SBICs") Subject: TechNote Cancellations Background. SBA issues TechNotes and policy letters periodically to provide guidance to SBICs on specific issues. SBA reviews its TechNotes and policy letters periodically to … whether they remain current. Cancellations. As part of this periodic review, SBA determined that the following …

… This management advisory presents the evaluation results of two 7(a) loans as part of our ongoing High Risk 7(a) Loan … in accordance with the Small Business Administration’s (SBA’s) rules, regulations, policies, and procedures and (2) … they originated and closed the loans in accordance with SBA’s requirements. Specifically, the lenders did not provide …

… This management advisory presents the evaluation results of two 7(a) loans as part of our ongoing High Risk 7(a) Loan … in accordance with the Small Business Administration’s (SBA’s) rules, regulations, policies, and procedures and (2) … they originated and closed the loans in accordance with SBA’s requirements. Specifically, the lenders did not provide …

… is the second in a series resulting from the OIG’s audit of purchased 7(a) Recovery Act loans and presents the results of an audit of the SBA purchase reviews on nine additional 7(a) Recovery Act … found that three 7(a) Recovery Act loans purchased by the SBA were not originated and closed in accordance with SBA …

… in Five 7(a) Recovery Act Loans Resulted in $2.7 Million of Questioned Costs This was the second in a series of … of $2.7 million and warrant immediate attention by the SBA. These loans are part of a judgmental sample of 25 … September 30, 2010. The audit found that lenders and the SBA did not originate and close the five 7(a) Recovery Act …

… Report 9-07 This report supplements our evaluation of the Federal Information SecurityManagement Act (FISMA) … of Inspector General (OIG) is required to annually assess SBA’s compliance with FISMA in accordance with specific … the course of our FY 2008 FISMA review, we determined that SBA did not consistently ensure that contractors were …

… Office of Inspector General High Risk 7(a) Loan Review Program This … in accordance with the Small Business Administration’s (SBA’s) rules, regulations, policies, and procedures and (2) … they originated and closed the loans in accordance with SBA’s requirements. Specifically, the lenders did not provide …

… the Paycheck Protection Program (“PPP”) regarding the sale of participating interests in PPP loans. Procedural notice … with 13 CFR § 120.432(b). For purposes of PPP loans only, SBA’s prior written consent is not required and Lenders may … in PPP loans must be sold to Lenders that have a signed SBA Form 750, SBA Form 3506, or SBA Form 3507. The …

… Office of Inspector General High Risk 7(a) Loan Review Program This … in accordance with the Small Business Administration’s (SBA’s) rules, regulations, policies, and procedures and (2) … to support that it closed the loan in accordance with SBA’s requirements. Specifically, the lender did not provide …

… Serious Concerns Regarding the Return of Paycheck Protection Program Funds This management advisory … and action by the U.S. Small Business Administration (SBA) to ensure it has processes and procedures in place to … on how to return PPP funds and implementing a process for SBA to accurately handle and track the returned funds should …

… Contracting data SBA collects information on government-wide federal … Small business procurement scorecard Every year, SBA tracks how well federal agencies meet their small …

… Literacy Month is a perfect time to brush up on the basics of keeping business finances in order. U.S. Small Business Administration The SBA works to ignite change and spark action so small … literacy.  Small Business Development Centers (SBDC). SBA partners with nearly 1,000 SBDCs across the country to …