Priority Open Recommendations: Small Business Administration

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What the GAO found

In June 2021, GAO identified 15 priority recommendations for the Small Business Administration (SBA). Since then, the SBA has implemented three of those recommendations, including developing and implementing a Paycheck Protection Program loan monitoring plan and taking steps to improve lender compliance with a requirement. of program 7 (a).

In February 2022, the GAO identified three additional priority recommendations for the SBA, bringing the total number to 15. These recommendations relate to the following areas:

  • Improve surveillance and communication for the response to the COVID-19 pandemic.
  • Improve disaster recovery efforts.
  • Improve export promotion operations.

The SBA’s continued attention to these issues could lead to significant improvements in government operations.

Why GAO Did This Study

Priority Open Recommendations are GAO recommendations that deserve priority attention from heads of key departments or agencies because their implementation could save large sums of money; improve congressional or executive branch decision-making on major issues; eliminate mismanagement, fraud and abuse; or ensuring programs comply with laws and funds are spent lawfully, among other benefits. Since 2015, GAO has sent letters to selected agencies emphasizing the importance of implementing these recommendations.

For more information, contact Dan Garcia-Diaz at (202) 512-8678 or [email protected]

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