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SBA - 24-09 - 4

Open · 2024-03-26

From report

Report
SBA’s Restaurant Revitalization Fund Program Award Practices
OIG report number
24-09
Recommendation number
4

Recommendation text

In accordance with Public Law 117-2, § 5003(a)(4)(A)(i) take immediate action to review and recover improper payments from the 14 affiliated business groups disclosed by RRF applicants for a total of $55,067,326 in excess funds paid, beyond the $10 million limit per affiliated group.