Serious Concerns About SBA's Control Environment and the Tracking of Performance Results in the Shuttered Venue Operators Grant Program [open pdf - 307KB]
From the Document: "The Office of Inspector General (OIG) is issuing this Management Alert regarding serious concerns with the control environment and the tracking of performance results in the Shuttered Venue Operators Grant (SVOG) program requiring immediate attention and action. Last April we issued a white paper informing the SBA about the risk of Coronavirus Disease 2019 (COVID-19) pandemic funds not being used for their intended purpose and therefore not achieving entrepreneurial development program goals and objectives. SBA should consider the risks and lessons learned as it implements a new program under a compressed timeline providing disaster assistance grants to eligible small businesses under the SVOG program. Expedited management action would improve SBA's oversight of the program and ensure it meets the intended results when administering this $16.25 billion grant program."
U.S. Small Business Administration, Office of Inspector General, Report No. 21-13