# Inspection of SBA's Implementation of the Paycheck Protection Program
> **Inspection / Evaluation** by Small Business Administration OIG · 2021-01-14
> *About: Small Business Administration*
## Report
- **Title:** Inspection of SBA's Implementation of the Paycheck Protection Program
- **Submitting OIG:** Small Business Administration OIG
- **Component agency:** Small Business Administration
- **Type:** Inspection / Evaluation
- **Publication date:** 2021-01-14

## Recommendations

- **Rec 1** (Open): Review the loans identified as potentially ineligible to determine if the businesses met eligibility requirements. If not, take appropriate action related to loan guaranty and forgiveness.
- **Rec 2** (Closed): For future rounds of PPP lending, assess vulnerabilities in internal controls and strengthen or implement necessary internal controls to address ineligible loans and potential fraud.
- **Rec 3** (Closed): For future rounds of PPP lending, revise the borrower application to include the critical “jobs retained” field to ensure SBA reports accurate and complete job numbers.
- **Rec 4** (Closed): For future rounds of PPP lending, revise the application to include the demographic information of borrowers.
- **Rec 5** (Closed): For future rounds of PPP lending, update the PPP borrower application to include a field for the North American Industry Classification System code of the business and the business description to enable SBA to prevent potentially ineligible loan…
- **Rec 6** (Closed): Update the PPP forgiveness application to include North American Industry Classification System code to ensure that previously recorded information is accurate.
## Source
- [oversight.gov report page](https://www.oversight.gov/reports/inspection-sbas-implementation-paycheck-protection-program)
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