Audit of SBA's Controls over 7(a) Loans Sold on The Secondary Market
This report presents the results of our audit of the Small Business Administration’s (SBA’s) controls over loans sold on the secondary market. The SBA secondary market program allows lenders to sell the guaranteed portions of their SBA 7(a) loans to private investors at a premium to provide expanded...
SBA's District Offices' Customer Service
This report presents the results of our audit of the Small Business Administration’s (SBA’s) district offices’ customer service. We initiated the audit in response to a congressional request about the perceived disparity in the effectiveness of SBA district offices. SBA’s district offices promote...
KPMG Management Letter Communicating Matters Relative to SBA's FY 2018 Financial Statement Audit
SBA OIG Semiannual Report to Congress: Fall 2018
This report details the Office of Inspector General's Fall 2018 Semiannual Report to Congress. The following topics are included:Overview of the SBA and the OIGSmall Business Access to CapitalDisaster Loan ProgramProcurement AssistanceAgency ManagementOther Significant OIG ActivitiesStatistical...
Independent Auditors' Report on SBA's FY 2018 Special Purpose Financial Statements
We contracted with the independent certified public accounting firm KPMG LLP (KPMG) to audit the U.S. Small Business Administration’s (SBA’s) consolidated financial statements for fiscal year (FY) 2018, ending September 30, 2018. The independent auditors’ report presents an unmodified opinion on SBA...