SBA

Facing over $4.6 billion in potentially fraudulent Paycheck Protection Program (PPP) loans and continuing challenges with IT investments, the Small Business Administration (SBA) has yet to meet its goal to revise the agency’s Certify system by the end of 2021, according to SBA Inspector General Hannibal “Mike” Ware. […]

After months with no movement and a weekend full of deal-making, Congress is expected to pass a $900 billion COVID-19 relief package as part of a broader Fiscal Year 2021 (FY21) omnibus spending bill. The relief includes a new round of Payment Protection Program (PPP) funding, money for broadband deployment and emergency use, and money to remove banned Huawei and ZTE equipment. […]

SBA

Small Business Administration Deputy CIO Guy Cavallo said today that the agency’s extensive use of cloud-based IT has brought about what he called a “new miracle” of allowing the agency to tap a larger pool of workforce talent that is untethered from geographical limitations. […]

Bill Hunt, Chief Enterprise Architect at the Small Business Administration, detailed today some of the steps that SBA took to use the cloud for the Paycheck Protection Program established under the CARES Act in March to help fund payroll costs for small businesses hurt by the coronavirus pandemic. […]

When an April tweet about pandemic relief funding from President Trump jolted an 8,000 percent increase in traffic on the Small Business Administration website, the agency was ready to take the strain, having moved the site from on-prem to cloud a year earlier. […]

The Small Business Administration (SBA) said on May 3 that the agency’s Paycheck Protection Program (PPP)  processed loan applications totaling more than a half a trillion dollars since the coronavirus pandemic was declared in March. […]

The Paycheck Protection Program (PPP), a loan program implemented by the Small Business Administration (SBA) designed to help small businesses keep workers on their payroll, will resume accepting applications from lenders today. […]

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