Hearing:
Preventing Fraud and Abuse of PPP and EIDL: An Update with
the SBA Office of Inspector General and the Government Accountability Office
Subcommittee on Investigations, Oversight, and Regulations (Committee on Small Business)
Thursday, October 1, 2020 (10:00 AM)
2360 RHOB
Washington, D.C.
The Committee on Small Business Subcommittee on Investigations, Oversight, and Regulations
will hold a hybrid hearing titled, “Preventing Fraud and Abuse of PPP and EIDL: An Update with
the SBA Office of Inspector General and the Government Accountability Office.” The hearing is
scheduled to begin at 10:00 A.M. on Thursday, October 1, 2020 in Room 2360 of the Rayburn
House Office Building. Participating members can also join remotely via CISCO Webex.
The Subcommittee will meet to discuss the July 28, 2020 Management Report from the SBA
Office of Inspector General (OIG) and the COVID-19 reports from the Government
Accountability Office (GAO). The reports detail a lack of internal controls and potential for fraud
within SBA’s Economic Injury Disaster Loan (EIDL) program and Paycheck Protection Program
(PPP). The hearing will give Members the opportunity to discuss OIG and GAO’s findings and
determine if SBA’s response to these reports is consistent with their recommendations or if more
work needs to be done to prevent fraud, waste, and abuse.
Witnesses
Mr. Hannibal "Mike" Ware
Inspector General, Office of the Inspector General, United States Small Business Administration, Washington, DC
Mr. William Shear
Director, Financial Markets and Community Investment, United States Government Accountability Office, Washington, DC
Hearing Record
- Hearing Notice
[PDF]
- Hearing: Witness List
[PDF]
First Published:
September 24, 2020 at 03:57 PM