Inspection of Small Business Administration's Initial Disaster Assistance Response to the Coronavirus Pandemic

Submitting OIG:

Small Business Administration OIG

Date Issued:

Wednesday, October 28, 2020

Agency Reviewed / Investigated:

Small Business Administration

Submitting OIG-Specific Report Number:

21-02

Location(s):

Agency-Wide

Type of Report:

Disaster Recovery Report

Special Projects:

Pandemic

Questioned Costs:

Funds for Better Use:

Number of Recommendations:

View Document:

Attachment	Size
SBA OIG Report 21-02.508.1.pdf	1.85 MB

Related Open Recommendations

Recommendation Number	Recommendation Status	Significant Recommendation
1	Open	Yes
Review all loans that had a bank account number changed from that shown on the original application to determine if the changes were legitimate or fraudulent. If not legitimate, work to recover the funds, deobligate any undisbursed funds, and refer to the OIG.
3	Open	Yes
Review duplicate loans to IP addresses, email addresses, business addresses, and bank accounts to determine if there are undisbursed funds that should be suspended until the duplicate loans are assessed for eligibility.
6	Open	Yes
Strengthen data integrity to make it possible to determine if the inaccurate information allowed loans to be made to ineligible entities and to strengthen SBA’s ability to service loans appropriately.

Small Business Administration OIG

Small Business Administration

In fulfillment of the Inspector General Act, the U.S. Small Business Administration (SBA) Office of Inspector General (OIG) provides auditing, investigative, and other services to support and assist the SBA in achieving its statutory mission. OIG provides independent, objective oversight to improve the integrity, accountability, and performance of the SBA and its programs for the benefit of the American people. OIG seeks to improve SBA programs by identifying key issues facing the Agency, recommending corrective actions, and promoting a high level of integrity.

http://www.sba.gov/office-of-inspector-general

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Inspection of Small Business Administration's Initial Disaster Assistance Response to the Coronavirus Pandemic

Related Open Recommendations