Report Type
Report Category
Submitting Agency
- (-) Department of Agriculture OIG (2)
- (-) Department of Housing and Urban Development OIG (1)
- (-) Small Business Administration OIG (29)
- Department of Commerce OIG (1)
- Department of Defense OIG (8)
- Department of Education OIG (10)
- Department of Health & Human Services OIG (27)
- Department of Homeland Security OIG (17)
- Department of Justice OIG (6)
- Department of Labor OIG (27)
- Department of the Interior OIG (6)
- Department of the Treasury OIG (30)
- Department of Transportation OIG (5)
- Department of Veterans Affairs OIG (17)
- Election Assistance Commission OIG (5)
- Environmental Protection Agency OIG (5)
- Federal Deposit Insurance Corporation OIG (1)
- Federal Reserve Board & CFPB OIG (2)
- General Services Administration OIG (1)
- National Security Agency OIG (1)
- Pandemic Response Accountability Committee (1)
- Railroad Retirement Board OIG (5)
- Social Security Administration OIG (3)
- Tennessee Valley Authority OIG (1)
- Treasury Inspector General for Tax Administration (10)
- U.S. Agency for International Development OIG (4)
- U.S. Postal Service OIG (9)
State/Local Agency
State (State and Local Reports)
Fraud Type
Agency Reviewed
Related Organizations
Management Challenges
Any Recommendations
Any Open Recommendations
Reports
Evaluation of the CARES Act Debt Relief to 7(a) Borrowers
Incorporate procedures to verify the accuracy and reasonableness of the loan status, principal, interest, and any fees of loans before approving subsidy payments.
Establish post-payment audit procedures, using a risk-based approach, to verify the accuracy and completeness of all subsidy payments to lenders and include reviews of payments made to loans that changed from liquidation status to regular servicing status, and remedy improper payments in accordance with the Payment Integrity Act of 2019.
Inspection of Small Business Administration's Initial Disaster Assistance Response to the Coronavirus Pandemic
Review all loans that had a bank account number changed from that shown on the original application to determine if the changes were legitimate or fraudulent. If not legitimate, work to recover the funds, deobligate any undisbursed funds, and refer to the OIG.
Strengthen controls for verifying an entity’s start date to ensure applicants meet eligibility requirements.
Establish or strengthen controls to ensure loan deposits are made to legitimate bank accounts for eligible borrowers only.
Review duplicate loans to IP addresses, email addresses, business addresses, and bank accounts to determine if there are undisbursed funds that should be suspended until the duplicate loans are assessed for eligibility.
Cancel all ineligible loans that are not disbursed, recover funds from all loans disbursed to ineligible applicants, and flag those loans for the improper payments estimation process.
Strengthen or establish controls to ensure multiple loans are provided only to eligible applicants and prevent the erroneous duplication of loans.
Strengthen data integrity to make it possible to determine if the inaccurate information allowed loans to be made to ineligible entities and to strengthen SBA’s ability to service loans appropriately.
Review the applicants with approved loans to determine if there are undisbursed funds remaining that should be suspended until the business start date is verified and the applicant is deemed eligible based on the CARES Act eligibility requirements. If the applicant is deemed ineligible, recover any disbursed funds, deobligate any undisbursed funds, and flag the application as ineligible.
Review the advance grants to determine if the application was legitimate and the business met CARES Act eligibility requirements. If not, recover the funds and flag the application as ineligible.
Revise the FY 2021 Improper Payments Act Checklist to include checking EIN dates for COVID-19 EIDLs and advance grants or program the system to flag erroneously approved loans and advance grants as improper payments; the information should be used during the FY 2021 improper payments estimation process.