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Source Id
341

SBA’s Oversight of HUBZone Program Participants’ Continuing Eligibility

2024
24-23
Audit
Small Business Administration OIG
Small Business Administration

This U.S. Small Business Administration Office of Inspector General (SBA OIG) report presents the results of our audit of the U.S. Small Business Administration’s (SBA) oversight of the Historically Underutilized Business Zone (HUBZone) program. The program provides small businesses that are located...

SBA’s Processing of COVID-19 Economic Injury Disaster Loan Reconsideration Requests

2024
24-22
Inspection / Evaluation
Small Business Administration OIG
Small Business Administration
Pandemic

The Office of Inspector General is issuing this inspection report to assess the U.S. Small Business Administration’s (SBA) processing of Coronavirus Disease 2019 (COVID-19) Economic Injury Disaster Loan (EIDL) reconsideration requests.SBA began accepting COVID-19 EIDL applications on March 12, 2020...

Improvements Needed in SBA’s Shuttered Venue Operators Grant Post-Award Review Process

2024
24-21
Audit
Small Business Administration OIG
Small Business Administration
Pandemic

The Office of Inspector General (OIG) is issuing this management advisory to bring attention to concerns regarding the U.S. Small Business Administration’s (SBA) post-award review process to monitor Shuttered Venue Operators Grant (SVOG) award recipients’ eligibility, award calculation, and use of...

SBA’s Guaranty Purchases for Paycheck Protection Program Loans

2024
24-20
Inspection / Evaluation
Small Business Administration OIG
Small Business Administration
Pandemic

The Office of Inspector General (OIG) is issuing this Inspection report to assess the Small Business Administration’s (SBA) guaranty purchase process for Paycheck Protection Program (PPP) loans. The Coronavirus Aid, Relief, and Economic Security (CARES) Act established the PPP to provide guaranteed...

SBA’s State Trade Expansion Program

2024
24-19
Inspection / Evaluation
Small Business Administration OIG
Small Business Administration

This report presents the results of our verification inspection of the U.S. Small Business Administration’s (SBA) corrective actions for the six recommendations from the Office of Inspector General (OIG) audit report SBA’s State Trade Expansion Program (Report 18-11).We initiated this verification...

Evaluation of COVID-19 Economic Injury Disaster Loan Applicants on the U.S. Department of the Treasury’s Do Not Pay List

2024
24-18
Inspection / Evaluation
Small Business Administration OIG
Small Business Administration
Pandemic

The OIG is issuing this evaluation to assess whether the U.S. Small Business Administration (SBA) effectively implemented internal controls when using the U.S. Department of the Treasury’s Do Not Pay (DNP) databases to detect and prevent payments of Coronavirus Disease 2019 (COVID-19) Economic...

SBA OIG Spring 2024 - Semiannual Report to Congress

2024
Semiannual Report
Small Business Administration OIG
Small Business Administration

This report details the Office of Inspector General's Spring 2024 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...

7(a) Loan Approval for Borrowers with Unresolved COVID-19 Pandemic Loan Compliance Issues

2024
24-17
Inspection / Evaluation
Small Business Administration OIG
Small Business Administration
Pandemic

The Office of Inspector General (OIG) is issuing this Inspection Report to assess the Small Business Administration’s (SBA) process for approving 7(a) loans for borrowers with unresolved pandemic loan compliance issues.From October 1, 2019 through May 8, 2023, SBA approved and disbursed 172,598 7(a)...

Independent Auditors’ Report on SBA’s Fiscal Year 2023 Compliance with the Payment Integrity Information Act of 2019

2024
24-16
Audit
Small Business Administration OIG
Small Business Administration

This independent auditors’ report on the U.S. Small Business Administration’s (SBA) improper payment reporting is required by the Payment Integrity Information Act of 2019. We contracted with the independent certified public accounting firm KPMG LLP to conduct a performance audit of SBA’s fiscal...

SBA’s Handling of Returned COVID-19 Economic Injury Disaster Loan Funds and De-obligations of Approved Loans

2024
24-15
Review
Small Business Administration OIG
Small Business Administration
Pandemic

The Office of Inspector General (OIG) is issuing this management advisory to present the results of our review of the U.S. Small Business Administration’s (SBA) processing of Coronavirus Disease 2019 (COVID-19) Economic Injury Disaster Loan (EIDL) funds that were returned to the agency by borrowers...

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