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Evaluation Report 14-21: Review of the LMAS Incremental Improvement Projects
… Evaluation Report 14-21: Review of the LMAS Incremental Improvement Projects On September 30, … OIG identified that the Small Business Administration’s (SBA) project oversight can be improved. The SBA’s information technology (IT) governance boards need to … -
Report 11-16 - Banco Popular Did Not Adequately Assess Borrower Repayment Ability When Originating Huntington Learning Center Franchise Loans
… Center Franchise Loans This report presents the results of our audit. Report 11-16 This report presents the results … improperly originated Small Business Administration (SBA) guaranteed loans made to HLCs. The complaint, which … gross revenue projections submitted by loan brokers in SBA loan applications. Accordingly, our audit objective was … -
Report 9-08 – Audit of the Liquidation Process at the National Guaranty Purchase Center
… Report 9-08 – Audit of the Liquidation Process at the National Guaranty Purchase … Purchase Center. The Small Business Administration (SBA) guarantees loans that are made by participating lenders. Upon loan default, SBA authorizes participating lenders to continue servicing … -
Audit Report 8-05: Audit of Grant Disbursements to Women’s Business Centers
… Audit Report 8-05: Audit of Grant Disbursements to Women’s Business Centers On … Fiscal Year (FY) 2005 and 2006 grants. Specifically, the SBA disbursed over 500 payments to WBCs for both new and … were disbursed between 30 and 350 days from when the SBA received the payment request. The audit also disclosed … -
Audit Report 9-04: GFRS for Fiscal Year 2008 - Special Purpose Financial Statements
… fairly in all material respects, the financial position of the SBA as of September 30, 2008, and the results of operations, … accounting principles. The IPA stated that while the SBA made progress in several areas in its efforts to address … -
Consolidated Results of the OIG High Risk 7(a) Loan Review Program
… Consolidated Results of the OIG High Risk 7(a) Loan Review Program This report … these five loans to the Small Business Administration (SBA) for appropriate corrective action. The issues we found … affiliates, equity injection, and repayment ability. SBA agreed with our findings and recommendations on the five … -
Woman-Owned Small Business and Economically Disadvantaged Woman-Owned Small Business-Certification
… Small Business-Certification Input on certification of Women-Owned Small Businesses (WOSB) and Economically … Report RIN 3245-AG75 The Small Business Administration (SBA) is seeking input and comments on certification of Women- … Small Business Federal Contract Program (WOSB Program). SBA is planning to amend its regulations to implement Sec. … -
Women-Owned Small Business Federal Contract Program
… Proposal to amend regulations to implement provisions of Section 825 of the National Defense Authorization Act of … Report RIN 3245-AG72 The Small Business Administration (SBA) proposes to amend its regulations to implement … Section 825 of NDAA FY 2015 changed the deadline for SBA to conduct a study to determine the industries in which … -
PPP Loan Necessity Questionnaire (Non-profit borrowers)
… Loan Necessity Questionnaire (Non-profit borrowers) SBA form 3510 OMB Number 3245-0407 Updated 12-31-20 with new expiration date. The purpose of this form is to facilitate the collection of supplemental information that will be used by SBA loan reviewers to evaluate the good-faith certification … -
Enterprise Azure Enclave
… Enterprise Azure Enclave Privacy Impact Assessment Report SBA’s Enterprise Azure Enclave utilizes Microsoft’s Azure … provide an environment for the management and deployment of SBA’s Platform services and O365 services. Office of the … -
Restaurant Revitalization Fund Program Post Award Report
… Restaurant Revitalization Fund Program Post Award Report SBA form 3173 This form is the post-award report that … Revitalization Fund (RRF) recipients must submit to SBA to confirm that funds are used fully and in accordance … than December 31, 2021. SBA anticipates that the majority of recipients will use all funds prior to the December 31, … -
Francine Hines
… and Operations for the Small Business Administration (SBA), Office of Inspector General (OIG). Ms. Hines is responsible for … improve and sustain support operations. Prior to joining SBA OIG in March 2023, Hines worked at the United States … -
Wheeling West Virginia Entrepreneur Utilizes Economic Injury Disaster Loan Advance and Paycheck Protection Program to stay open and pay local vendors
… stay open and pay local vendors Matt Welsch is the owner of Vagabond Kitchen located in the heart of beautiful, … Games” on the Food Network. Welsch is also no stranger to SBA, he has worked with an SBDC coach since 2014, utilized an SBA microloan through the First Microloan of West Virginia, … -
Women-Owned Business Brings New Heights to Western New York
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Instructions for Commitment Requests
… the Total Intended Leverage Commitment amount agreed to by SBA at the time of License approval and finalized within 12 months of … financial assistance ("Leverage Commitment") by obtaining SBA's conditional commitment to guarantee Debentures must … -
Pioneering Architectural Firm Grows into a New Space by Means of an SBA-Backed Loan
… Architectural Firm Grows into a New Space by Means of an SBA-Backed Loan Robert P. Madison opened an office for … in Cleveland, Ohio on July 17, 1954. A successful SBA 8(a) graduate, his was the first African American owned … -
Deborah Chen
… Chief Financial Officer (Deputy CFO) within the Office of Performance, Planning, and the Chief Financial Officer, … this appointment, Deborah served as the Budget Director at SBA, overseeing strategic resource management on behalf of … trillion in guaranteed and direct loan authority for the SBA’s pandemic response. Before joining the SBA, Deborah … -
OIG eCase Privacy Impact Assessment (PIA)
… (PIA) Privacy Impact Assessment Report The Office of the Inspector General’s (OIG) mission is to provide … the integrity, accountability, and performance of the SBA and its programs for the benefit of taxpayers. The … this mission by conducting audits and evaluations of SBA programs. The eCase is the audit management information … -
Tacoma Firm Finds Growth Through Government Contracting
… the existing company in 2012. With more than 20 years of experience in the restaurant and retail industries, Farrow … extensive business management experience to secure an SBA 7(a) loan and become ATC’s new owner and president. ATC … on expanding his federal contracting opportunities through SBA’s 8(a) Business Development Program. The 8(a) Program is …