Search

… of 2009.  The audit objective was to determine whether the SBA took actions to mitigate material lender risks identified … of 57 lenders, with 33 reports.  The OIG found that the SBA did not always take actions to address lender risks and … The OIG issued two findings, specifically:  (1) the SBA did not recognize and take action to address significant …

… of our review of the Small Business Administration's (SBA)  Accounting of Drug Control Funds and Performanc e  … circular would constitute an unreasonable burden. As the SBA's Fiscal Year (FY) 2010 drug-related obligations were … circular would constitute an unreasonable burden for the SBA. Also, nothing came to our attention that caused us to …

… the Auditing Division decided not to perform an audit of SBA’s electronic records management (ERM) program at this … OIG, however, decided not to conduct the audit because SBA’s ERM program is in the early stages of development. This … when conducting the initial survey.  Specifically, (1) the SBA had not developed complete inventories and disposition …

… of our audit of the Small Business Administration’s (SBA) Fiscal Year (FY) 2008 improper payment rate for the 7(a) … actions to reduce them. Since implementation of the Act, SBA has reported a low improper payment rate for the 7(a) … purchases, we initiated the audit to determine (1) whether SBA’s FY 2008 estimate of the improper payment rate for the …

… Modernization Act (FISMA) requires that OIG review SBA’s information security program. To determine SBA’s compliance with FISMA, OIG contracted with an … relating to FISMA. OIG monitored KPMG’s work and reported SBA’s compliance with FISMA in the Agency FISMA filings in …

… RIN 3245-AG69 The U.S. Small Business Administration (SBA or Agency) is amending its Small Business Timber … Program is rooted in the Small Business Act, which tasked SBA with ensuring that small businesses receive a fair … small business participation falls below a certain amount. SBA considered comments received during the Advance Notice of …

… Loan Necessity Questionnaire (For-profit borrowers) SBA form 3509 OMB Number 3245-0407 Updated 12-31-20 with new … of supplemental information that will be used by SBA loan reviewers to evaluate the good-faith certification … or greater, made on their PPP Borrower Application (SBA Form 2483 or Lender’s equivalent form) that economic …

… which is a rating scale for information security. We rated SBA’s overall program of information security as “not effective.” We found SBA generally responded to previously identified … incident response. However, the results of our tests show SBA continues to experience security control challenges in …

… of Agreement between the Small Business Administration (SBA) and the Department of Defense (DoD) to increase private … technologies. The SBICCT Initiative is executed by SBA’s Office of Investment and Innovation (OII) and the DoD’s Office of Strategic Capital (OSC), coupling SBA’s expertise and experience executing the established and …

… and use of U.S. Small Business Administration (SBA) programs positioned the company well to make the product … Through the years, Dalebout said he has worked with the SBA to help finance his business ventures. “We actually worked with the SBA when we purchased Intermountain T-shirt Company back in …

… notice 5000-858322 The purpose of this notice is to revise SBA procedures to:  Allow SBA Lenders to process loans to a cooperative or an eligible … loans involving ESOPs for the types of loans discussed in SOP 50 10 7.1, Section A, Chapter 2, Paragraph B.2. …

… Field Operations Performance Evaluation Report The SBA Office of Field Operations (OFO) manages a network of 68 … explored the role of the district offices within the SBA and the broader entrepreneurial ecosystem. The evaluation … found that district office staff are committed to the SBA’s core mission to help small businesses start, grow, and …

… Administration’s Administrator Isabel Casillas Guzman and SBA New Hampshire District Office  joined U.S. Jeanne Shaheen (NH-D) kicking off SBA's ‘Season of Small Business’ in Exeter, New Hampshire.  The ‘Season of Small Business’ is a new, SBA-led campaign designed to drive Americans to shop at small …

… of Inspector General issued this Management Alert to alert SBA about improper payments to lenders for potentially ineligible recipients of loans under SBA’s Paycheck Protection Program in response to the … as well as any fees. OIG communicated summary results to SBA management, who requested Treasury’s results and have …

… PPP loans and promptly repaid loan funds in response to SBA guidance reminding all borrowers of an important … ensure PPP loans are limited to eligible borrowers, the SBA has decided, in consultation with the Department of the … backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the …