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Priority Open Recommendations: Small Business Administration

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Report Type Reports and Testimonies
Report Date June 9, 2021
Release Date June 9, 2021
Report No. GAO-21-503PR
Summary:
What GAO Found

In April 2020, GAO identified eight priority recommendations for the Small Business Administration (SBA). Since then, SBA has implemented one of these recommendations by developing a process for an organization-wide cybersecurity risk assessment.

In April 2021, GAO identified eight additional priority recommendations for SBA, bringing the total number to 15. These recommendations involve the following areas:

COVID-19 pandemic response
Disaster response
Credit elsewhere requirement
Export promotion
SBA's continued attention to these issues could lead to significant improvements in government operations.

Why GAO Did This Study

Priority open recommendations are the GAO recommendations that warrant priority attention from heads of key departments or agencies because their implementation could save large amounts of money; improve congressional or executive branch decision making on major issues; eliminate mismanagement, fraud, and abuse; or ensure that programs comply with laws and funds are legally spent, among other benefits. Since 2015, GAO has sent letters to selected agencies to highlight the importance of implementing such recommendations.

For more information, contact Daniel Garcia-Diaz at (202) 512-8678 or garciadiazd@gao.gov.

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