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Source Id
341

SBA’s Handling of Identity Theft in the COVID-19 Economic Injury Disaster Loan Program

2021
21-15
Inspection / Evaluation
Small Business Administration OIG
Small Business Administration
Pandemic

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...

Audit of SBA’s Oversight of Women’s Business Centers’ Compliance with Cooperative Agreement Financial Requirements

2021
21-14
Audit
Small Business Administration OIG
Small Business Administration

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...

Management Alert Serious Concerns About SBA’s Control Environment and the Tracking of Performance Results in the Shuttered Venue Operators Grant Program

2021
21-13
Inspection / Evaluation
Small Business Administration OIG
Small Business Administration
Pandemic

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...

Evaluation of SBA’s Eligibility Verification of 8(a) Firms Owned by Members of Federally or State- Recognized Indian Tribes

2021
21-12
Inspection / Evaluation
Small Business Administration OIG
Small Business Administration

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...

Evaluation of SBA’s Award Procedures for the CARES Act Entrepreneurial Development Cooperative Agreements

2021
21-11
Inspection / Evaluation
Small Business Administration OIG
Small Business Administration
Pandemic

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...

SBA’s Controls Over Cash Contributions and Gifts, Fiscal Years 2019-20

2021
21-10
Inspection / Evaluation
Small Business Administration OIG
Small Business Administration

Before the Small Business Administration (SBA) can accept a gift, the Office of General Counsel must determine that no conflict of interest exists. In addition, SBA must put any cash gifts into a separate account, and OIG is responsible for semiannual audits to ensure the agency is appropriately...

Duplicate Loans Made Under the Paycheck Protection Program

2021
21-09
Review
Small Business Administration OIG
Small Business Administration
Pandemic

SBA OIG reviewed PPP regulations and the Paycheck Protection Program and Health Care Enhancement Act, in addition to guidance published in SBA’s PPP Interim Final Rules and PPP Frequently Asked Questions.We determined SBA did not always have sufficient controls in place to detect and prevent...

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