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Source Id
341

Evaluation of SBA’s Coronavirus Reconstitution Plan

2021
21-18
Inspection / Evaluation
Small Business Administration OIG
Small Business Administration
Pandemic

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...

Weaknesses Identified During the FY 2020 Federal Information Security Modernization Act Review

2021
21-17
Audit
Small Business Administration OIG
Small Business Administration

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...

SBA OIG Spring 2021 Semiannual Report to Congress

2021
Semiannual Report
Small Business Administration OIG
Small Business Administration

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...

Independent Auditors’ Report on SBA’s Compliance with Payment Integrity

2021
21-16
Audit
Small Business Administration OIG
Small Business Administration

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...

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...

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