SBA to Take Public Testimony on Proposed Small-Business Size Standards
The SBA will hear testimony September 17 on proposed size-standard changes that could affect federal contracts, loans and small-business program eligibility.
Small Business Administration
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SBA watchdog flags $11.5 million in potential 7(a) payment errors
An SBA inspector general found unsupported decisions in half of 32 loan-guaranty reviews and urged recovery and stronger controls to protect taxpayers.
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DOE and SBA create new pathway for federally backed technologies
A new DOE-SBA initiative is meant to connect federally supported technologies with private investment funds, but no SBIC-E awards or fund commitments are public.
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SBA watchdog questions 16 loan-guaranty decisions worth $11.54 million
An SBA inspector general review found insufficient evidence in 16 of 32 high-risk loan-guaranty decisions and flagged delays that may limit recovery.
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SBA seeks applications for $9 million small-business supply-chain grant program
The Small Business Administration opened a competition offering 20 grants of up to $500,000 to help small businesses address supply-chain constraints and expand production.
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PPP settlement shows pandemic-loan scrutiny is still expanding
A $2.6 million Georgia settlement highlights continuing federal review of pandemic loans, corporate-affiliation rules, data analysis and Treasury collections.