Paycheck Protection Program Eligibility for Nonprofit Organizations
Inspection / Evaluation · Small Business Administration OIG · 2022-09-26 · about Small Business Administration
Report
Title
Paycheck Protection Program Eligibility for Nonprofit Organizations
Submitting OIG
Small Business Administration OIG
Component agency
Small Business Administration
Type
Inspection / Evaluation
Publication date
2022-09-26
Summary
The U.S. Small Business Administration (SBA) Office of Inspector General (OIG) conducted this review to assess Paycheck Protection Program (PPP) eligibility for nonprofit organizations.
Recommendations (2)
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Status
Text
1
Open
Review the 179 PPP loans, totaling approximately $684 million, for compliance with affiliation and size standards to ensure eligibility requirements were met and seek remedy or repayment for all loans deemed ineligible.
2
Open
Seek remedy or repayment of a PPP loan in the amount of $3.5 million.