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Audit of the Office of Disaster Assistance Improper Payment Appeal Process
… the payment must be considered an improper payment. For disaster loans, Quality Control (QC) Specialists conduct … February 20, 2020 | File size: 2623KB | Download .pdf for / February 20, 2020 Related programs: Agency Management, … -
SBA Programs - Scams and Fraud Alerts
… one-pager provides insights and tips on what to look out for to protect your business from grant fraud, loan fraud, or phishing schemes related to SBA economic stimulus programs. For more information see the Office of Inspector General's … -
FAQ Regarding Targeted EIDL Advance
… of January 1, 2022, we are not able to accept applications for new COVID EIDL loans or advances. Office of Disaster … April 27, 2021 | File size: 246KB | Download .pdf for 2 / April 27, 2021 Version 1 | Effective: February 1, 2021 | File size: 234KB | Download .pdf for 1 / February 1, 2021 Related programs: Disaster Español | … -
ODA Shuttered Venue Operators Grant System
… (ODA), which coordinates low-interest, long-term loans for damage caused by a declared disaster. In March 2020, as … Software as a service (SaaS) system by Salesforce for the Office of Disaster Assistance (ODA). Effective: April 19, 2021 | File size: 184KB | Download .pdf for / April 19, 2021 Related programs: Disaster, SBA … -
Independent Auditors’ Report on SBA’s Compliance with Payment Integrity
… is not compliant with the Act because the Disaster Direct Loan Program reported an improper payments rate that exceeded the 10 percent threshold for compliance and did not demonstrate improvements as … Effective: May 12, 2021 | File size: 593KB | Download .pdf for / May 12, 2021 Related programs: Agency Management … -
Weaknesses Identified During the FY 2020 Federal Information Security Modernization Act Review
… every year. In FY 2020, SBA had an unprecedented volume of loan and grant applications because of the Coronavirus … areas, called “domains,” and evaluated them using guidance for FISMA metrics. Inspectors General are required to assess … recommendations in risk management, three recommendations for configuration management, two for identity and access … -
The Small Business Administration’s Implementation of Recommended Controls and the Economic Aid Act
… The Economic Aid Act continued assistance under the PPP for small businesses financially affected by the ongoing … SBA did not 1) require an assessment of affiliation for faith-based organizations which contradicts its internal … were met. We recommend SBA assess affiliation for faith-based organizations to ensure only eligible … -
Independent Auditors’ Report on SBA’s FY 2021 Financial Statements
… consolidated balance sheets as of September 30, 2021, and for 2020 and the related notes to these statements. KPMG was … net position and combined statement of budgetary resources for the year ended September 30, 2020, as well as the related … expanded Paycheck Protection and Economic Injury Disaster Loan programs and the newly implemented Restaurant … -
COVID-19 EIDL Program Recipients on the Department of Treasury's Do Not Pay List
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Fiscal Year 2021 Federal Information Security Modernization Act Review
… of continued issues caused by the unprecedented volume of loan and grant applications spurred by the Coronavirus Aid, … areas, called “domains,” and evaluated them using guidance for FISMA metrics. Inspectors General are required to assess … recommendations in risk management, three recommendations for configuration management, two for identity and access … -
Statement by SBA Administrator Guzman on President Biden’s Pandemic Anti-Fraud Proposal
… (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, issued the … has been key to creating historic levels of support for the entrepreneurial community and delivering more than … Protection Program and the COVID Economic Injury Disaster Loan Program, since day one, I’ve pushed my team at the SBA … -
2022 Arkansas Young Entrepreneur of the Year: Aidan Eslinger
… writing and self-publishing, produces original content for his customers, and creates activities and incentives for young black boys to encourage them to read and take their … entrepreneurship pitch nights, and recently received KIVA loan funding to continue his business growth. At the young … -
2022 Arkansas Woman-Owned Small Business of the Year: Career Staffing Services, Inc.
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2022 Arkansas Veteran-Owned Small Business of the Year: Century 21 Sandstone Real Estate Group
… Conductor and received the COVID Economic Injury Disaster Loan to help sustain operations during the economic … agents and operated as an independent real estate company for 13 years until Korry franchised the business in 2021. … they serve. They pride themselves on being a “Smart Choice For Real Estate.” … 2022 Arkansas Veteran-Owned Small … -
2022 Arkansas Family-Owned Small Business of the Year: All Electric Supply, LLC
… supply to focus more on design-build construction services for commercial, institutional, and federal governmental … Paycheck Protection Program and Economic Injury Disaster Loan as they struggled through the pandemic. Together these … employees, prevented layoffs, and created opportunity for business to retool its sales force. “If not for pandemic … -
Midway Lanes
… was uninviting. I could see very quickly why the alley was for sale,” says Mellon. “I immediately had ideas on how to … The most recent expansion was funded by the SBA 504 Loan program, provided through Lewis & Clark Development … has meeting rooms that can accommodate up to 200 people for family get-togethers, company parties, and community … -
Statement by SBA Administrator Guzman on Senator Ben Cardin’s Retirement Announcement
… (SBA) and the voice in President Biden’s Cabinet for America’s 33 million small businesses, issued the … of bipartisan accomplishments, including creating pathways for increased business ownership and expanding the Women’s … Center network. Chairman Cardin’s important legacy for small businesses is far from over, and I look forward to … -
Jim Wilson of Bangor Savings Bank is SBA’s 2023 NH Financial Services Champion
… businesses so that he can offer them the best path forward for financial success. He brings a positive, can-do attitude … events. Jim was nominated by Seacoast Regional Director for the NH Small Business Development Center, Ed Miles who … landscapes and scenery in a published calendar each year. For more information on Bangor Savings Bank … -
Paycheck Protection Program helps Small Business Bring Employees Back to Work
… of customers. COVID-19 significantly impacted the sales for Dave’s Famous T&L Hotdog. Like other small restaurants in … Premier Bank to secure a Paycheck Protection Program loan for $55,000, which helped him keep his employees on payroll …