SBA Fraud Risks and Improper Payments
Description
On December 10, 2025, Courtney LaFountain, Director, U.S. Government Accountability Office, delivered testimony before the Committee on Small Business & Entrepreneurship, U.S. Senate.
It is based primarily on the following reports:
COVID-19 Relief: Improved Controls Needed for Referring Likely Fraud in SBA's Pandemic Loan Programs
COVID-19 Relief: SBA and DOL Should Improve Processes to Identify and Recover Overpayments
IT Modernization: SBA Urgently Needs to Address Risks on Newly Deployed System
SBA has addressed some of our recommendations but still needs to address others.
It is based primarily on the following reports:
COVID-19 Relief: Improved Controls Needed for Referring Likely Fraud in SBA's Pandemic Loan Programs
COVID-19 Relief: SBA and DOL Should Improve Processes to Identify and Recover Overpayments
IT Modernization: SBA Urgently Needs to Address Risks on Newly Deployed System
SBA has addressed some of our recommendations but still needs to address others.