Reports
Search for reports and investigative results.
Showing 1 - 10 of 11 results
Small Business Administration OIG
SBA’s Handling of Potentially Fraudulent Paycheck Protection Program Loans
The Office of Inspector General (OIG) found that the Small Business Administration (SBA) did not have an organizational structure with clearly defined roles, responsibilities, and processes to manage and handle potentially fraudulent Paycheck Protection Program (PPP) loans across the program. In addition, the agency did not establish a centralized entity to design, lead, and manage fraud risk. This problem occurred because the agency did not establish a sufficient fraud risk framework at the start of and throughout PPP implementation. Management stated this was partly due to the speed of the...
Federal Reserve Board & CFPB OIG
Following Established Processes Helped FRB New York and the Board Reduce Risks Associated With Lending Facility Contracts
Federal Reserve Board & CFPB OIG
The Board and FRB Boston Generally Followed Their Process for Purchasing MSLP Loan Participations but Can Formally Document Some Key Processes
Federal Reserve Board & CFPB OIG
Results of Analytical Testing of the Board's Publicly Reported Data for the Secondary Market Corporate Credit Facility
Small Business Administration OIG
Report on the Most Serious Management and Performance Challenges by Office of Inspector General FY2025
This report represents our current assessment of the U.S. Small Business Administration's programs and activities that pose significant risks, including those that are particularly vulnerable to fraud, waste, error, mismanagement, or inefficiencies. The Challenges are not presented in order of priority, as we believe that all are critical management or performance issues.