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… 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 …

… tested whether emails to eligible borrowers had a significant impact on the uptake of the mitigation increase option. The study found that a higher proportion of borrowers who received emails took up …

… requires immediate attention and action by the U.S. Small Business Administration (SBA) to ensure it has processes and … institutions on how to return PPP funds and implementing a process for SBA to accurately handle and track the returned … return of funds, returning the funds to SBA, conducting a fraud review, reversing forgiveness when appropriate, and …

… River Music Experience Has a Mighty Big Impact on the Regional Economy Tourism is a mighty big business along the Mississippi River.  Popular attractions … River Music Experience Has a Mighty Big Impact on the Regional Economy …

… support services. Report 23-11 We reviewed the U.S. Small Business Administration’s (SBA) blanket purchase agreement …

… policy guidance is to inform current and prospective Small Business Investment Companies (SBICs) of updates to program …

… information necessary for an SBIC or licensee to request a Leverage Commitment Support These instructions provide the information necessary for a Small Business Investment Company (SBIC or licensee) to request a … information necessary for an SBIC or licensee to request a Leverage Commitment …

… Corp. v. Dep’t of Ag. (E.D. Tenn.)) on the use of the 8(a) Program Memorandum from SBA to Federal Chief Acquisition … Policy guidance Office of Government Contracting & Business Development Effective: August 18, 2023 | File size: … | Download .pdf for / August 18, 2023 Related programs: 8(a) Support FAQs for Federal Agencies - Continued Use of the …