News & Analysis as of

Small Business Administration › Audits

The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA... more +
The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA carries out its mission through a variety of programs including providing financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. less -
Clark Hill PLC

What the SBA’s 8(a) program audit means for small businesses

Clark Hill PLC on

SBA Administrator Kelly Loeffler recently announced a comprehensive audit of the 8(a) Business Development (BD) program. While the full scope and implications are still unfolding, it’s crucial for participants, applicants,...more

Parker Poe Adams & Bernstein LLP

Small Business Administration Fraud Audit Affects Prime Contractors and Subcontractors of 8(a) Program

Parker Poe Adams & Bernstein LLP on

Small Business Administration head Kelly Loeffler has announced a “full-scale” audit of its 8(a) program for socially and economically disadvantaged small business owners, directing the agency’s Office of Government...more

Cohen Seglias Pallas Greenhall & Furman PC

SBA Conducts Full-Scale Audit of 8(a) Program

Cohen Seglias Pallas Greenhall & Furman PC on

On June 27, 2025, the U.S. Small Business Administration (SBA) announced that it will conduct a full-scale audit of its 8(a) Business Development Program to restore integrity and transparency. Contractors participating in the...more

PilieroMazza PLLC

Weekly Update for Government Contractors and Commercial Businesses – July 2025 #2

PilieroMazza PLLC on

SBA Orders Full-Scale Audit of 8(a) Program: What You Should Do to Prepare - The U.S. Small Business Administration (SBA) recently announced an “immediate and full-scale audit” of its 8(a) business development program. The...more

PilieroMazza PLLC

SBA Orders Full-Scale Audit of 8(a) Program: What You Should Do to Prepare

PilieroMazza PLLC on

The U.S. Small Business Administration (SBA) recently announced an “immediate and full-scale audit” of its 8(a) business development program. The announcement stems from a “years-long fraud and bribery scheme involving a...more

Wiley Rein LLP

SBA Announces Full-Scale Audit of 8(a) Program

Wiley Rein LLP on

WHAT: The U.S. Small Business Administration (SBA) announced a “full-scale” audit of the 8(a) program after a former United States Agency for International Development (USAID) contracting officer and three 8(a) business...more

Fox Rothschild LLP

Taxpayer Advocate Offers Candid Assessment of State of IRS Workforce and Other Challenges Facing the New IRS Commissioner

Fox Rothschild LLP on

The National Taxpayer Advocate has released her Fiscal Year 2026 Objectives Report to Congress, a statutorily-required annual report outlining the objectives of the Office of the Taxpayer Advocate for the upcoming fiscal...more

Schwabe, Williamson & Wyatt PC

SBA Launches Full-Scale Audit of the 8(a) Program

Schwabe, Williamson & Wyatt PC on

On June 27, 2025, the Administrator of the Small Business Administration (“SBA”), Kelly Loeffler, announced that she is directing an “immediate and full-scale audit of the agency’s 8(a) Business Development Program.”...more

Buchalter

SBA Focusing on Fraud, Will Conduct Full-Scale Audit of 8(a) Business Development Program

Buchalter on

Small Business Administration (SBA) Administrator Loeffler has announced that she has ordered the SBA Office of General Contracting and Business Development to begin a full scale audit of the SBA’s Section 8(a) Business...more

Holland & Knight LLP

SBA Announces Full-Scale Audit of 8(a) Program to Uncover Fraud and Bribery

Holland & Knight LLP on

The U.S. Small Business Administration (SBA) on June 27, 2025, announced a comprehensive, full-scale audit of its 8(a) Business Development Program (8(a) Program), marking a significant escalation in federal oversight of...more

J.S. Held

Current Enforcement Efforts in the Battle Against COVID-19 Loan Program Fraud

J.S. Held on

The COVID-19 pandemic caused unprecedented impacts around the world including stay-at-home orders, curfews, quarantines, and economic uncertainty. Businesses across the United States were forced to close their doors, limit...more

Husch Blackwell LLP

BOLO: Cannabis PPP Loan Audits

Husch Blackwell LLP on

In April, I wrote about the Docklight case in Washington State. That case involved a qui tam action pursuant to the False Claims Act in which Docklight, a cannabis ancillary company, settled with the Department of Justice for...more

Benesch

Engaging in Activities that Violate Federal Law? DOJ Scrutiny of PPP Loan Recipients Turns to Ancillary Companies Supporting the...

Benesch on

Since its inception, the cannabis industry has always existed alongside significant regulatory and compliance challenges. These largely stem from the fact that the manufacture, distribution and possession of marijuana remains...more

Husch Blackwell LLP

PPP Loan Audits Could Affect Millions of Borrowers

Husch Blackwell LLP on

In March 2020 during the height of the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law establishing, among other things, the Payment Protection Program (PPP) administered...more

McDermott Will & Emery

The PPP Turns Four: Lessons Learned and What Lies Ahead

McDermott Will & Emery on

Four years ago this month, lenders began dispersing Paycheck Protection Program (PPP) loans to small businesses in what would become the largest Small Business Administration (SBA) lending program in history. The SBA approved...more

Jenner & Block

Government Contracts Legal Round-Up - June 2023 Issue 11

Jenner & Block on

Welcome to Jenner & Block’s Government Contracts Legal Round‑Up, a biweekly update on important government contracts developments. This update offers brief summaries of key developments for government contracts legal,...more

Venable LLP

Navigating PPP Loan Forgiveness Audits

Venable LLP on

The Small Business Administration (SBA) is auditing Paycheck Protection Program (PPP) loan forgiveness applications for both First Draw and Second Draw PPP loans, including for nonprofit organizations that received loans. As...more

PilieroMazza PLLC

PPP Loan Fall-Out: Expect More Audits and Investigations

PilieroMazza PLLC on

Unfortunately, the PPP Loan fall-out is far from over.  As we noted in the last blog on PPP issues, we are seeing a number of PPP Forgiveness denials for a number of different reasons, and, along with that, we are seeing the...more

Cozen O'Connor

In extremis — PPP Money Is Not “Free” So Applicants & Recipients Need to Beware

Cozen O'Connor on

As most of the population is aware, to try and preserve the economy and businesses viable during the COVID-19 pandemic, congress passed the CARES Act. That bill included the Payroll Protection Program (PPP), in which small...more

Morrison & Foerster LLP

PPP Loans: Overview of Prior Guidance

Morrison & Foerster LLP on

The Paycheck Protection Program (“PPP”) began with rushed legislation and a race for financial support in the middle of a pandemic. This race was hardly a straight line as the Small Business Administration (“SBA”) and the...more

Miller Canfield

The Government's Use of Procedural Hurdles to Disallow Research Credit Refund Claims

Miller Canfield on

In two recent cases, the IRS has tried to defeat research credit refund claims on procedural grounds, rather than simply litigating whether the substantive nature of the asserted research meets the requirements of section 41...more

Morrison & Foerster LLP - Government...

Levels Of Accountability: What Federal Contractors Should Know About Small Business Subcontracting Plans And Compliance Reviews

Morrison & Foerster LLP - Government... on

Every year, the U.S. federal government establishes goals for the awards of prime contracts and subcontracts to small business concerns. While agencies are responsible for achieving these goals by awarding prime contracts to...more

Bowditch & Dewey

Five Things to Know About PPP Loan Audits

Bowditch & Dewey on

The Paycheck Protection Program was one of the more innovative and written-about of the CARES Act’s fiscal stimulus packages. The U.S. Treasury and Small Business Administration (SBA) leveraged the private banking sector to...more

Blank Rome LLP

Paycheck Protection Program Audits Are Upon Us—Borrowers Prepare!

Blank Rome LLP on

In our last post on this topic, we touched on how the acceptance, use, and forgiveness of Paycheck Protection Program (“PPP”) loans can be viewed in the context of a Defense Contract Audit Agency (“DCAA”) audit. This post...more

McDermott Will & Emery

[Webinar] PPP - One Year Later - April 8th, 2:00 pm EST

McDermott Will & Emery on

It has now been one full year since the Small Business Administration launched its Paycheck Protection Program (PPP). As we take a look back and begin to prepare for the next steps that organizations must take now to insulate...more

59 Results
 / 
View per page
Page: of 3
Next »

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up Log in
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide