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https://www.sba.gov/article/2023/mar/09/sba-deadline-approaching-working-capital-disaster-loans-georgia-secretary-agriculture-declaration… farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Apart … on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used …
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SBA Deadline Approaching for Working Capital Loans in Florida for Secretary of Agriculture Disaster Declaration for 2022 Freeze
https://www.sba.gov/article/2023/mar/09/sba-deadline-approaching-working-capital-loans-florida-secretary-agriculture-disaster-declaration… farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Apart … on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used … -
SBA Deadline Approaching for Working Capital Disaster Loans in Parts of Georgia and Florida Due to 2022 Tornado
https://www.sba.gov/article/2023/mar/09/sba-deadline-approaching-working-capital-disaster-loans-parts-georgia-florida-due-2022-tornado… farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Apart … on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used … -
SBA Deadline Approaching for Working Capital Loans in Parts of Kentucky and Tennessee Due to 2022 Drought
https://www.sba.gov/article/2023/mar/06/sba-deadline-approaching-working-capital-loans-parts-kentucky-tennessee-due-2022-drought-0… farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Apart … on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used … -
SBA Deadline Approaching for Working Capital Loans in Parts of Kentucky and Tennessee Due to 2022 Drought
https://www.sba.gov/article/2023/mar/06/sba-deadline-approaching-working-capital-loans-parts-kentucky-tennessee-due-2022-drought… farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Apart … on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used … -
Independent Auditors’ Report on SBA’s Compliance with DATA Act Reporting
https://www.sba.gov/document/report-22-04-independent-auditors-report-sbas-compliance-data-act-reporting… of 2014 (DATA Act) requires OIG to annually audit SBA’s financial data and adherence to government financial data standards. We contracted with the independent … required under the DATA Act. SBA met the government-wide financial data standards, and the data submission was of … -
SBA Economic Injury Disaster Loans Available to Montana Small Businesses
https://www.sba.gov/article/2022/nov/15/sba-economic-injury-disaster-loans-available-montana-small-businesses… Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses which could have … not occurred. “Eligibility for these loans is based on the financial impact of the disaster only and not on any actual … small businesses and most private nonprofits without the financial ability to offset the adverse impact without … -
SBA Economic Injury Disaster Loans Available to Idaho Small Businesses
https://www.sba.gov/article/2022/nov/15/sba-economic-injury-disaster-loans-available-idaho-small-businesses… Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses which could have … not occurred. “Eligibility for these loans is based on the financial impact of the disaster only and not on any actual … small businesses and most private nonprofits without the financial ability to offset the adverse impact without … -
ROM 11-02 - Lack of Documentation and Incorrect Accounting for Recovery Act 7(a) Loan Guarantee Approvals
https://www.sba.gov/document/report-11-02-rom-11-02-lack-documentation-incorrect-accounting-recovery-act-7a-loan-guarantee-approvals… came to their attention during the audit of SBA' s FY 2010 financial statements. The objective was to determine SBA's compliance … recommendations to the Director for the Office of Financial Program Operations. We provided a draft of KPMG's … -
Audit Report 15-05: SBA’s Evaluation of Principal’s Repayment Ability for Hurricane Sandy Business Loans
https://www.sba.gov/document/report-15-05-audit-report-15-05-sbas-evaluation-principals-repayment-ability-hurricane-sandy-business-loans… loan officers did not have guidance for performing the financial analysis to determine whether Hurricane Sandy … we determine repayment ability by the results of the financial analysis performed on the business.” However, the … no additional guidance regarding how to perform the financial analysis. Because there was no guidance, loan … -
Audit Report 14-02: The SBA’s FY 2012 Reported Improper Payment Rate for Disbursements and Contracting was Inaccurate and Incomplete
https://www.sba.gov/document/report-14-02-audit-report-14-02-sbas-fy-2012-reported-improper-payment-rate-disbursements-contracting-was… that the information presented in the SBA’s FY 2012 Agency Financial Report was inaccurate and the reported improper … The OIG recommended four actions directed to the Chief Financial Officer to improve financial and contract management at the SBA and … -
Memorandum Report 16-07: Loan Management and Accounting System Incremental Improvement Projects Progress
https://www.sba.gov/document/report-16-07-memorandum-report-16-07-loan-management-accounting-system-incremental-improvement-projects-progress… information technology (IT) projects intended to upgrade financial software and application modules in SBA’s legacy … completed the remaining IIPs and fully migrated all core financial components off the mainframe. We found that the … impact assessment and reauthorize the Capital Access Financial System for operation. SBA agreed with this … -
Review of the Small Business Administration’s State Trade and Export Promotion Grant Program
https://www.sba.gov/document/report-17-11-review-small-business-administrations-state-trade-export-promotion-grant-program… for the STEP grant program because of inconsistent financial data provided by SBA. Specifically, the three … the quality of the grant recipients’ performance and financial reports. As a result, FYs 2014 and 2015 grant recipients provided performance and financial reports that identified the amount spent for each … -
Appendix 15: Valuation Guidelines for SBICs
https://www.sba.gov/document/policy-guidance--appendix-15-valuation-guidelines-sbics… its assessment of the overall operational performance and financial condition of individual Licensees and of the … SBIC Policy guidance Appendix 14: Accounting Standards and Financial Reporting Requirements for SBICs Policy guidance … -
Directory of STEP awardees
https://www.sba.gov/document/support-directory-step-awardees… that have received STEP funding. Support STEP provides financial awards to state and territory governments to assist … business exporters and increase their export sales. STEP financial support helps US small businesses: Learn how to … -
SBA Deadline Approaching for Working Capital Loans in Georgia for Secretary of Agriculture Disaster Declaration for 2022 Drought
https://www.sba.gov/article/2023/feb/13/sba-deadline-approaching-working-capital-loans-georgia-secretary-agriculture-disaster-declaration… farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Apart … on the size of the applicant, tyzpe of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used … -
SBA Deadline March 1 for Working Capital Disaster Loans in Parts of South Carolina and Georgia Due to 2022 Drought
https://www.sba.gov/article/2023/feb/02/sba-deadline-march-1-working-capital-disaster-loans-parts-south-carolina-georgia-due-2022-drought… farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Apart … on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used … -
SBA Deadline Approaching for Working Capital Loans in Eastern Georgia for Secretary of Agriculture Disaster Declaration for 2022 Drought
https://www.sba.gov/article/2023/feb/01/sba-deadline-approaching-working-capital-loans-eastern-georgia-secretary-agriculture-disaster… farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Apart … on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used … -
SBA Deadline Approaching for Working Capital Loans in East Central Georgia for Businesses Affected by High Winds in March 2022
https://www.sba.gov/article/2022/dec/22/sba-deadline-approaching-working-capital-loans-east-central-georgia-businesses-affected-high-winds… farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Apart … on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used … -
SBA Deadline Approaching for Working Capital Loans in Georgia for Secretary of Agriculture Disaster Declaration for March Freeze, Frost, Ice and High Winds
https://www.sba.gov/article/2022/dec/22/sba-deadline-approaching-working-capital-loans-georgia-secretary-agriculture-disaster-declaration… farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. Apart … on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used …