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SBA Administrator Guzman Announces $44.8 Billion Through Signature Lending Programs
… of Capital Access . “Our flexible, low-interest 504 loan program grew in loan volume by 41%, and the SBA team is … Certified Development Companies (CDCs), the SBA’s 504 program delivered 9,600 loans worth more than $8.2 billion to … exhausting funding authority for the first time in the program’s history. Minority business owners received nearly … -
FY 2017 Evaluation of SBA's Charge Card Programs
… purchase cards and risk assessment for SBA’s travel card program for fiscal year 2017 Report 17-17 This memorandum … purchase cards and risk assessment for SBA’s travel card program for fiscal year 2017. This evaluation was performed … in the management and oversight of the purchase card program. Specifically, SBA personnel did not always comply … -
FY 2019 Risk Assessment of SBA's Charge Card Programs
… for administrative controls over its purchase cards program. We made one recommendation to strengthen SBA’s risk management controls for the purchase card program. The Agency agreed to implement the recommendation. … -
Reassessment of Eligibility Requirements for 30 Firms in SBA's 8(a) Business Development Program
… for 30 Firms in SBA's 8(a) Business Development Program This report presents the results of our reassessment … for 30 firms in the Small SBA’s 8(a) Business Development Program Report 17-15 This report presents the results of our … Administration’s (SBA’s) 8(a) Business Development Program. In a prior audit of 8(a) program eligibility, we … -
Report 16-09: FY 2015 Risk Assessment of SBA Charge Card Programs
… management controls and practices for the purchase card program in areas such as records management and continuous … SBA’s risk management controls for its purchase cards program. The Agency agreed to implement the … -
Report 17-07: FY 2016 SBA Charge Card Programs Risk Assessment and Status of Prior Audit Recommendations
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SBA's Management of Voluntary Early Retirement Authority and Voluntary Separation Incentive Payment Program
… Authority and Voluntary Separation Incentive Payment Program This audit report presents the results of our audit … (VERA) and Voluntary Separation Incentive Payment (VSIP) program. VERA provides agencies the option to offer … determine whether SBA accomplished its FY 2014 VERA-VSIP program goals. We found that while SBA made limited progress … -
Evaluation of Community Development Financial Institution and Minority Depository Institution Lender Participation in SBA Capital Programs and Lender Match
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Duplicate Loans Made Under the Paycheck Protection Program
… Duplicate Loans Made Under the Paycheck Protection Program This report contains OIG's findings pertaining to duplicate loans made under the Paycheck Protection Program. Report 21-09 OIG reviewed PPP regulations and the Paycheck Protection Program and Health Care Enhancement Act, in addition to … -
Resources for SBA employees affected by a Reduction in Force
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Verification Inspection of SBA’s Microloan Program
… Verification Inspection of SBA’s Microloan Program This SBA OIG report presents the results of our … Office of Inspector General audit report SBA’s Microloan Program (Report 17-19). Report 24-24 This report presents the … Office of Inspector General audit report SBA’s Microloan Program (Report 17-19). The U.S. Small Business … -
SBA Makes Changes to its Surety Bond Program
… SBA Makes Changes to its Surety Bond Program WASHINGTON – The U.S. Small Business Administration … two important changes to its Surety Bond Guarantee (SBG) Program that will increase contract opportunities for small … the guarantee percentage in the Preferred Surety Bond Program from no more than 70 percent to no more than 90 … -
SBA’s Award and Payment Practices in the Shuttered Venue Operators Grant Program
… Payment Practices in the Shuttered Venue Operators Grant Program This report presents the results of our inspection of … Payment Practices in the Shuttered Venue Operators Grant Program. Report 22-15 We inspected the U.S. Small Business … to administer the Shuttered Venue Operators Grant (SVOG) program. Even after determining multiple disbursements would … -
Flash Report Small Business Administration's Implementation of the Paycheck Protection Program Requirements
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SBA Administrator Guzman Announces 2022 State Trade Expansion Program Awardees
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PA Businesses Approved for over $9.9 Billion in Paycheck Protection Program Loans
… Approved for over $9.9 Billion in Paycheck Protection Program Loans WESTERN Pa.– The U.S. Small Business Administration announces its Paycheck Protection Program (PPP) has approved 1,035,086 loans for a total amount … to help small businesses. Lending volume under the PPP program speaks highly of the commitment of the SBA and our … -
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