# Evaluation of the CARES Act Debt Relief to 7(a) Borrowers
> **Inspection / Evaluation** by Small Business Administration OIG · 2020-12-01
> *About: Small Business Administration*
## Report
- **Title:** Evaluation of the CARES Act Debt Relief to 7(a) Borrowers
- **Submitting OIG:** Small Business Administration OIG
- **Component agency:** Small Business Administration
- **Type:** Inspection / Evaluation
- **Publication date:** 2020-12-01

## Recommendations

- **Rec 1** (Closed): Incorporate procedures to verify the accuracy and reasonableness of the loan status, principal, interest, and any fees of loans before approving subsidy payments.
- **Rec 2** (Closed): Establish post-payment audit procedures, using a risk-based approach, to verify the accuracy and completeness of all subsidy payments to lenders and include reviews of payments made to loans that changed from liquidation status to regular servicing…
## Source
- [oversight.gov report page](https://www.oversight.gov/reports/evaluation-cares-act-debt-relief-7a-borrowers)
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