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Audit Report 13-09: Management Letter - SBA's FY 2012 Financial Statement Audit
… documentation of policies and procedures for the microloan program; (5) loan file documentation not retained in loan … transactions and improper intermediary lending pilot program disbursements; (7) untimely site visits for loan … -
SBA Announces 14 New Awards for Regional Innovation Cluster Network to Drive Nationwide Small Business Growth, Job Creation and Innovation
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A Side Hustle Turned Full-Time
… community. RISE referred Scott to the entrepreneurship program B-Cubed. B-Cubed blends a combination of … Small Business Administration’s Community Navigator Pilot Program (CNPP). CNPP reduces barriers underrepresented and … -
Independent Auditors’ Report on SBA’s FY 2021 Financial Statements
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SBA’s Administrative Process to Address Potentially Fraudulent Restaurant Revitalization Fund Awards
… Revitalization Fund (RRF) applications and recover funds. Program officials designed the RRF application validation and … -
SBA’s Protest Process
… they did not qualify for set-aside awards. We also found program officials decided 80 percent of small business … -
The Groundwork Laid by the Small Business Development Centers’ Critical Support in 2022 Will Contribute to U.S. Small Business Resilience and Prosperity in 2023
… more than 62,000 traditional loans through its 7(a) program, 504 program, and Microloan lending partners, and over 1,200 … -
Making Music Together and Building Community in Oregon
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Audit Report 14-15: Opportunities Exist for the SBA to Improve the Monitoring of Non-Manufacturer Rule Waivers and Determine the Impact on Small Businesses
… this function. Implementations of steps identified by the program staff, as well as additional actions, need to occur to improve the efficiency and effectiveness of the program. Further, the OIG found that the SBA has not … -
SBA Announces $18.8 Million to Support Small Business Trade Growth
… awarded through SBA’s competitive State Trade Expansion Program (STEP). Contreras-Sweet heralded the news as a boon … -
SBA Physical Disaster Loan Deadline Approaching in Georgia for Businesses and Residents Affected by Severe Flood Damage from Hurricane Ida
… 1, 2021, should apply for the low-interest disaster loan program. The declaration covers Cobb County and the adjacent … are available to answer questions about the disaster loan program and assist disaster survivors apply. The Center is … at the DLOC to answer questions about the disaster loan program and help individuals complete their applications. Due … -
Inspection of Small Business Administration's Initial Disaster Assistance Response to the Coronavirus Pandemic
… for EIDL; and provided $20 billion to stand up a new program for EIDL advance grants. We found that SBA, in its … controls, which significantly increased the risk of program fraud. The unprecedented demand for COVID-19 EIDLs … -
COVID-19 and Disaster Assistance Information Systems Security Controls
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SBA to Open Virtual Business Recovery Center to Assist Yakama Nation Businesses and Residents Affected by Wildfires
… Center to answer questions about SBA’s disaster loan program, explain the application process and help each … suffered any property damage. “SBA’s disaster loan program offers an important advantage–the chance to … -
Hispanic-Owned Construction Company Helps Other Women Build Solid Businesses
… with the SBA 7(j) Management and Technical Assistance program , which provides no fee, high-quality assistance to … Kentucky District Office. Cherie guided Ines through those program requirements, opportunities and benefits. After … -
FL 15675 - SBA Adds Additional Counties to the Florida Red Tide Algal Bloom Declaration; Opens Business Recovery Center in Pinellas County
… Centers to answer questions about the disaster loan program and help individuals complete their applications. The … secure website at DisasterLoan.sba.gov . Applications and program information are available by calling the SBA’s … Centers to answer questions about the disaster loan program and help individuals complete their applications. The … -
It Takes a Global Village
… Injury Disaster Loan) and PPP (Paycheck Protection Program) programs, were instrumental in our ability to … -
Audit Report ROM 10-09: Lack of Approval for a Recovery Act Surety Bid Bond Guarantee
… Recovery and Reinvestment Act Surety Bond Guaranty (SBG) Program, the IPA noted an issue related to internal controls … to the identification of the error. Under the PSB Program, participating surety companies can issue, service, … -
Readout of SBA Administrator Guzman’s Veterans Roundtable with U.S. Chamber of Commerce
… implementing the SBA Veteran Business Certification program, which connects service-disabled veteran-owned small … process. Other changes include overhauling its loan program to expand access to capital for veteran-owned small … its new Military Spouse Pathway to Business training program to help military spouses looking to start their …