SBA's Handling of Identity Theft in the COVID-19 Economic Injury Disaster Loan Program
Inspection / Evaluation · Small Business Administration OIG · 2023-12-19 · about Small Business Administration
Report
Title
SBA's Handling of Identity Theft in the COVID-19 Economic Injury Disaster Loan Program
Submitting OIG
Small Business Administration OIG
Component agency
Small Business Administration
Type
Inspection / Evaluation
Publication date
2023-12-19
Summary
This report presents the results of our verification inspection of the U.S. Small Business Administration’s (SBA) corrective actions for the five recommendations from the Office of Inspector General (OIG) evaluation report SBA’s Handling of Identity Theft in the COVID-19 Economic Injury Disaster Loan Program (Report 21-15).We initiated this verification inspection to determine whether the closed recommendations were fully implemented or if further corrective actions were needed.
Recommendations (1)
#
Status
Text
5
Open
Review over 150,000 returned billing statements, and resolve any involving identity theft, then refer fraudulent loans to OIG.