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Agency Summary > SBA - Financial and Activity Report
Accountability and Transparency - This is your money. You have a right to know where it's going and how it's being spent. Learn what steps we're taking to conduct oversight of funds distributed under this law in order to prevent fraud, waste and abuse. Fraud, Waste and Abuse - Large amount of cash can attract fraud. Learn how to report any suspected waste and misuse of the recovery money.State, Local, Tribal and Territorial Resources - Curious about recovery progress in your specific area? Learn more about Recovery efforts here.Agency Progress and Resources - We're bringing transparency and accountability to all areas of government. Learn about Recovery investments and grant programs at government agencies and departments.
SBA - Financial and Activity Report
Small Business Administration
Report Date: 2009-04-03View History

 Financial Status:
  • Total Available: $35,217,320
  • Total Paid Out: $694,319
 Major Actions Taken to Date:
  • Met with staff of House Small Business Committee
  • Met with staff of Senate Permanent Subcommittee on Investigations
  • Met with representatives of SBA Office of Inspector General
  • Met with representatives of Government Accountability Office
  • Issued Policy Notice on CDC Lending job creation standards
  • Created podcast on "How the Recovery Act Helps Small Businesses "
  • Sent letters to surety companies announcing increase of bond limit up to $5 million
  • Approved first surety bond for contract over $2 million.
 Major Planned Actions:
  • Meet with staff of Senate and House Committees to discuss SBA's Recovery Act initiatives
  • Meet with representatives of SBA Office of Inspector General and General Accountability Office to discuss SBA's Recovery Act initiatives
  • Publish Federal Register Notice on CDC Lending job creation standards
  • Finish drafting Federal Register Notice for fee reduction/elimination program
  • Finish drafting Federal Register Notice for 90% loan guaranty program
  • Perform risk assessments on Recovery Act programs and begin developing risk mitigation plans
  • Field offices will conduct Business Roundtables with lenders and business commu nity

  View Source file


Report History

Report Date
Source

 

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