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SBA’s Administrative Process to Address Potentially Fraudulent Restaurant Revitalization Fund Awards

Inspection / Evaluation · Small Business Administration OIG · 2023-07-05 · about Small Business Administration

Report

Title
SBA’s Administrative Process to Address Potentially Fraudulent Restaurant Revitalization Fund Awards
Submitting OIG
Small Business Administration OIG
Component agency
Small Business Administration
Type
Inspection / Evaluation
Publication date
2023-07-05

Summary

We inspected the U.S. Small Business Administration’s (SBA) administrative process used to review potentially fraudulent Restaurant Revitalization Fund (RRF) applications and recover funds.Program officials designed the RRF application validation and approval processes using the Government Accountability Office’s A Framework for Managing Fraud Risks in Federal Programs.

Recommendations (1)

#StatusText
1OpenPrioritize and complete the review of the 2,172 awards that were flagged by the point-of-sale partner as having unsupported gross sales and take appropriate administrative actions to recover improper payments, which includes 110 awards that were…

Source

Authoritative
oversight.gov report page
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