# SBA’s Oversight of Non-Bank Lenders and Third-Party Service Providers Associated with PPP Loans
> **Inspection / Evaluation** by Small Business Administration OIG · 2024-11-13
> *About: Small Business Administration*
## Report
- **Title:** SBA’s Oversight of Non-Bank Lenders and Third-Party Service Providers Associated with PPP Loans
- **Submitting OIG:** Small Business Administration OIG
- **Component agency:** Small Business Administration
- **Type:** Inspection / Evaluation
- **Publication date:** 2024-11-13

## Summary

Over 5,300 lenders, including bank and non-bank lenders, participated in the Paycheck Protection Program (PPP), an $813.7 billion program that provided forgivable loans to eligible borrowers. The primary distinction between the two is that non-bank lenders are not federally regulated. Both were allowed to partner with third-party service providers to assist in the PPP loan process. We assessed the U.S. Small Business Administration’s (SBA) oversight of non-bank lenders, including financial technology (fintech), and third-party service providers in the PPP.

## Source
- [oversight.gov report page](https://www.oversight.gov/reports/sbas-oversight-non-bank-lenders-and-third-party-service-providers-associated-ppp-loans)
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