Small Business Administration

SBA implemented or initiated action on all the OIG recommendations to strengthen internal controls related to the Paycheck Protection Program (PPP). The Economic Aid Act continued assistance under the PPP for small businesses financially affected by the ongoing coronavirus pandemic. We found SBA...

We found that SBA established its May 2020 COVID-19 Reconstitution Plan in accordance with applicable federal guidance. We identified issues with the implementation of the reconstitution plan that should be addressed to help the agency safeguard its employees from contracting and spreading COVID-19...

OIG is required by the Federal Information Security Management Act to assess SBA’s information security program every year. In FY 2020, SBA had an unprecedented volume of loan and grant applications because of the Coronavirus Aid, Relief, and Economic Security (CARES) Act and other related pandemic...

This report details the Office of Inspector General's Spring 2021 Semiannual Report to Congress. The following topics are included:• Overview of the SBA and the OIG• Pandemic Response Oversight• Small Business Access to Capital• Disaster Loan Program• Procurement Assistance• Agency Management• Other...

This report presents the results of the required audit of the Small Business Administration’s (SBA’s) compliance with the Payment Integrity Information Act of 2019. We contracted with the independent certified public accounting firm KPMG LLP to conduct a performance audit, as required by the Act...

The Office of Inspector General (OIG) is issuing this Evaluation report to notify Small Business Administration (SBA) officials of significant matters regarding its handling of complaints of identity theft in the Coronavirus Disease 2019 (COVID-19) Economic Injury Disaster Loan (EIDL) program.We...

The Small Business Administration’s (SBA’s) Women’s Business Center (WBC) program assists women in starting and growing small businesses and provides long-term training and counseling to women business owners, including those who are socially and economically disadvantaged.SBA did not provide...

The Office of Inspector General (OIG) is issuing this Management Alert regarding serious concerns with the control environment and the tracking of performance results in the Shuttered Venue Operators Grant (SVOG) program requiring immediate attention and action.SBA should take immediate action to...

OIG evaluated the effectiveness of SBA’s process for verifying socially disadvantaged eligibility of 8(a) firms owned by enrolled members of a federally or state-recognized Indian tribe.The 8(a) program has several eligibility requirements for individually owned firms, including that the business be...

This report found that SBA awarded the CARES Act entrepreneurial development cooperative agreements and grants in accordance with applicable federal laws, regulations, and guidance. We found program officials established performance goals and identified performance indicators. To more effectively...