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To help small businesses affected by COVID-19, the Small Business Administration gave low-interest Economic Injury Disaster Loans and grants to millions of applicants. These funds totaled $224 billion as of February 2021.
For the English version of this page, see GAO-20-168.
Examinamos cómo la Agencia Federal para el Desarrollo de la Pequeña Empresa (SBA, por sus siglas en inglés) planeó y respondió a los huracanes Harvey, Irma, y María en 2017, entre otras cosas.
Para la versión de esta página en español, ver a GAO-20-369.
We reviewed how the Small Business Administration planned for and responded to Hurricanes Harvey, Irma, and Maria in 2017, among other things.
What GAO Found The Department of Commerce's Economic Development Administration (EDA) has taken a number of steps to implement the Federal Loan Guarantees for Innovative Technologies in Manufacturing (ITM) program, but several key tasks remain before EDA can issue loan guarantees.
What GAO Found The Small Business Administration (SBA) designates economically distressed areas as Historically Underutilized Business Zones (HUBZone), based on demographic data such as unemployment and poverty rates, but lacks an effective way to communicate program changes to small businesses.
What GAO FoundIn summary, based on our work to date, we have found thatPrograms that support entrepreneurs overlap based not only on their shared purpose of serving entrepreneurs but also on the type of assistance they offer.
Indian tribes are among the most economically distressed groups in the United States. In 2008, the U.S. Census Bureau reported that the poverty rate among American Indian and Alaska Natives was almost twice as high as the population as a whole--27 percent compared with 15 percent.
The Small Business Administration's (SBA) Historically Underutilized Business Zone (HUBZone) program provides federal contracting assistance to small firms located in economically distressed areas, with the intent of stimulating economic development.
The Government Performance and Results Act (GPRA) of 1993 has laid a foundation of results-oriented agency planning, measurement, and reporting in the federal government. Performance planning and measurement have slowly, yet increasingly, become a part of agencies' cultures.