# Ending Active Collections on Delinquent COVID-19 Economic Injury Disaster Loans
> **Audit** by Small Business Administration OIG · 2023-09-29
> *About: Small Business Administration*
## Report
- **Title:** Ending Active Collections on Delinquent COVID-19 Economic Injury Disaster Loans
- **Submitting OIG:** Small Business Administration OIG
- **Component agency:** Small Business Administration
- **Type:** Audit
- **Publication date:** 2023-09-29

## Summary

The Small Business Administration's (SBA) Office of Inspector General (OIG) is issuing this management advisory to bring attention to concerns regarding SBA’s decision to end active collections on delinquent COVID-19 Economic Injury Disaster Loans (EIDL) with an outstanding balance of $100,000 or less.First, SBA’s decision to cease collections risks violating the Debt Collection Improvement Act of 1996, which prohibits ending collections on fraudulent, false, or misrepresented claims, because SBA OIG and other oversight agencies are continuing to work on identifying COVID-19 EIDL fraud


## Recommendations

- **Rec 1** (Open): To address concerns in the COVID-19 EIDL program, we recommend the Administrator direct the Associate Administrator for the Office of Capital Access to perform a comprehensive cost-benefit analysis, consistent with federal regulations, to include…
- **Rec 2** (Open): To address concerns in the COVID-19 EIDL program, we recommend the Administrator direct the Associate Administrator for the Office of Capital Access to reevaluate and amend as appropriate the April 27, 2022 decision to end active collections…
- **Rec 3** (Open): To address concerns in the COVID-19 EIDL program, we recommend the Administrator direct the Associate Administrator for the Office of Capital Access to ensure SBA does not end active collections pursuant to the April 27, 2022 decision on any COVID-19…
- **Rec 4** (Open): To address concerns in the COVID-19 EIDL program, we recommend the Administrator direct the Associate Administrator for the Office of Capital Access to ensure SBA does not end active collections on any COVID-19 EIDL that appears to be fraudulent,…
- **Rec 5** (Open): To maximize the return to taxpayers, we recommend the Administrator direct the Associate Administrator for the Office of Capital Access to evaluate the COVID-19 EIDL portfolio, in collaboration with Treasury, to determine if selling the portfolio,…
## Source
- [oversight.gov report page](https://www.oversight.gov/reports/audit/ending-active-collections-delinquent-covid-19-economic-injury-disaster-loans)
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