SBA OIG AUDITS DIVISION SUPPLEMENTAL OVERSIGHT PLAN 2020

COMPLETED WORK &ndash 2020

• White Paper &ndash Risk Awareness and Lessons Learned from Prior Audits of Economic Stimulus Loans

• White Paper &ndash Risk Awareness and Lessons Learned from Prior Audits and Inspections of Economic Injury Disaster Loans and Other Disaster Lending

PLANNED WORK &ndash 2020

Small Business Access to Capital

• SBA&rsquos Initial Response to COVID-19 Loans

• SBA&rsquos Implementation of the Paycheck Protection Program

• Eligibility of Loans Made Under the Paycheck Protection Program

Disaster Loan Program

• SBA&rsquos Initial Response to COVID-19 Economic Injury Disaster Loans (EIDL)

• COVID-19 Economic Injury Disaster Loans (EIDL) &ndash Use of Proceeds

Business Development and Procurement Assistance

• White Paper - Risk Awareness and Lessons Learned from Prior Audits of Entrepreneurial Development Programs

• SBA&rsquos Award Procedures for CARES Act Grants

• SBA&rsquos Oversight of Resource Partner Associations&rsquo Implementation of CARES Act Requirements

• SBA&rsquos Quality Assurance of CARES Act Performance Data Reported in the Entrepreneurial Development Management Information System

Financial Reporting

• CARES Act &ndash Preliminary Independent Public Accountant Risk Assessment

Resource: https://www.sba.gov/sites/default/files/2020-04/2020%20Supplemental%20Oversight%20Plan_508.pdf

Admin Note: Keep good books, read accredited resources and seek out local and state assistance.