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… in Response to Hurricanes Harvey, Irma, and Maria This is a report of OIG's consolidated findings of Initial Disaster … SBA established its presence for Hurricane Irma within 20 days. Then, while still assisting hurricane Harvey and … survivors, SBA was able to staff disaster recovery and business recovery centers within 13 days in Puerto Rico and …

… General Management Advisory SBA’s Use of Vendors Without a Contract This is a management advisory of vendors with use without a contract. … significant matter we identified during our audit of Small Business Administration’s (SBA’s) management of foreclosed …

… Evaluation of SBA’s Eligibility Verification of 8(a) Firms Owned by Members of Federally or State- Recognized … for verifying socially disadvantaged eligibility of 8(a) firms. Report 21-12 OIG evaluated the effectiveness of … for individually owned firms, including that the business be at least 51 percent owned, controlled, and …

… the SVOG program can effectively help eligible small business owners and entities that have suffered economic …

… Program to restaurants, bars, and other similar places of business that serve food or drink. The purpose of this …

… (OIG) is issuing this Evaluation report to notify Small Business Administration (SBA) officials of  significant … Administrator for the Office of Capital Access to: Develop a process to maintain and track all identity theft complaints. Develop a process to provide status updates to each complainant …

… presents the results of the required audit of the Small Business Administration's (SBA's) compliance with the Payment … certified public accounting firm KPMG LLP to conduct a performance audit, as required by the Act. The objectives …

… an annual independent audit and report on the U.S. Small Business Administration’s (SBA’s) consolidated financial … 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 …

… (OIG) conducted this evaluation to assess the U.S. Small Business Administration’s (SBA) processes for reviewing … ineligible. Outstanding loan forgiveness applications are a potential indicator of fraud. Borrowers who fraudulently obtained a PPP loan are unlikely to apply for loan forgiveness. We …

… Act of 2019 requires an annual audit of the Small Business Administration’s (SBA) improper payment reporting. … demonstrate improvement to payment integrity or develop a plan to meet the improper payment and unknown payment … target, and  the Disaster Direct Loan Program reported a gross improper payments and unknown payments rate exceeding …

… SBIC fiscal year data Report Small Business Investment Company (SBIC) Fiscal Year Data. Lists …

… September 2015 Report This report describes the Small Business Investment Company (SBIC) program, its role in … institutions can use the program to expand their small-business finance activities. Office of Investment and …

… results of our audit to determine whether the U.S. Small Business Administration (SBA) maintained effective management …

… Customer Service. Report 22-23 We inspected the U.S. Small Business Administration’s (SBA) corrective actions for four … SBA’s corrective actions had effectively been implemented. A verification inspection is a short review that focuses on closed recommendations from …

… advisory to express concerns regarding the U.S. Small Business Administration’s (SBA) decision to end collections … balance of $100,000 or less. In anticipation of a significant number of delinquent PPP loans that lenders … with an outstanding balance of $100,000 or less until a comprehensive cost benefit analysis is conducted. We …

… an annual independent audit and report on the U.S. Small Business Administration’s (SBA’s) consolidated financial … sufficient and appropriate audit evidence to provide a basis for an audit opinion on SBA’s balance sheet as of September 30, 2022. Accordingly, KPMG issued a disclaimer of opinion on the consolidated balance sheets as …

… tested whether emails to eligible borrowers had a significant impact on the uptake of the mitigation increase option. The study found that a higher proportion of borrowers who received emails took up …

… requires immediate attention and action by the U.S. Small Business Administration (SBA) to ensure it has processes and … institutions on how to return PPP funds and implementing a process for SBA to accurately handle and track the returned … return of funds, returning the funds to SBA, conducting a fraud review, reversing forgiveness when appropriate, and …

… this fillable PDF spreadsheet to calculate your small business startup costs. File size: 577KB | Download .pdf for …