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… Delegated Authority Renewals; (3) Deficiencies in Disaster Loan Servicing; and (4) inadequate reviews of STAR time and …

… of the obligations review process; (2) missing loan file documentation; (3) untimely post-purchase and … (6) inadequate review of Star and Attendance Reports; and (7) improvement needed in the employee separation process. The …

… (2) inadequate controls over 1502 reporting for the 7(a) guaranty loan program; (3) untimely 7(a) charge-off reviews and …

… .  This report presents the results of our review of the Loan Management and Accounting System (LMAS) Incremental …

… in our Audit of Release of Collateral by the Disaster Loan Servicing Centers, Report No. 11-15, issued June 3, …

… (1) the guaranteed purchase process, (2) the guaranty loan charge-off and lender follow-up process, (3) development …

… change control, the Office of Disaster Assistance, the Loan Accounting System, and the Joint Administrative and …

… the cause and extent of property damages, and is a key step in establishing borrower eligibility and the size …

… Report on SBA’s FY 2019 Financial Statements This is a report of findings pertaining to an audit SBA’s … is needed in SBA’s risk assessment processes; there is a significant deficiency related to disaster loan processing controls; and there is also a significant …

… Assistance Improper Payment Appeal Process This is a report of an audit of the Office of Disaster Assistance's … when an agency’s review is unable to discern whether a payment was proper because of insufficient or lack of … identified by the QC Specialists.   Although alleged in a hotline complaint, we did not identify any misconduct or …

… to look out for to protect your business from grant fraud, loan fraud, or phishing schemes related to SBA economic …

… interest, and any associated fees that borrowers owe on a “covered loan” in a “regular servicing status” to SBA Microloan … | Download .pdf for / April 8, 2020 Related programs: 7(a) Remove download button Off … The purpose of this notice …

… low-interest, long-term loans for damage caused by a declared disaster. In March 2020, as the Coronavirus … The Shuttered Venue Operators Grant System (SVOGS) is a new cloud-based Software as a service (SaaS) system by Salesforce for the Office of …

… certified public accounting firm KPMG LLP to conduct a performance audit, as required by the Act. The objectives … is not compliant with the Act because the Disaster Direct Loan Program reported an improper payments rate that exceeded …

… every year. In FY 2020, SBA had an unprecedented volume of loan and grant applications because of the Coronavirus … (CARES) Act and other related pandemic legislation. As a result, the agency experienced new information security challenges. We tested a subset of systems in eight areas, called “domains,” and …

… obtain sufficient, appropriate audit evidence to provide a basis for an audit opinion on SBA’s consolidated financial … year ended September 30, 2021. Accordingly, KPMG issued a disclaimer of opinion on the consolidated financial … expanded Paycheck Protection and Economic Injury Disaster Loan programs and the newly implemented Restaurant …