Small business (1 - 2 of 2 items) in Past 6 Months
HUBZone Program: Oversight Has Improved But Some Weaknesses Remain
GAO-17-456T: Published: Mar 2, 2017. Publicly Released: Mar 2, 2017.
The Small Business Administration (SBA) designates economically distressed areas as Historically Underutilized Business Zones (HUBZones), based on data such as unemployment and poverty rates. Since 2008, GAO has issued several products that identified weaknesses in the HUBZone program and made recommendations to SBA to address them. While weaknesses remain, SBA has taken some steps to enhance prog...
Small Business Administration: Agency Has Controls to Comply with Paperwork Reduction Act but Could Improve Accessibility and Consistency of Disaster Loan Information
GAO-17-67: Published: Nov 21, 2016. Publicly Released: Nov 21, 2016.
The Small Business Administration (SBA) process for complying with the Paperwork Reduction Act (PRA) includes a number of controls to help disaster business loan forms comply with the act and Office of Management and Budget (OMB) requirements (see figure). For example, SBA has a standard operating procedure that documents its clearance process; a requirement to solicit public comments; and a requi...