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A VI Update Project · Brian LoudenThe territory’s public record — kept public.

SBA OIG 18-16: Inspection of SBA's Initial Disaster Assistance Response to Hurricane Irma

Collection
Audits & Oversight
Entity
SBA disaster-loan operations in USVI (and FL/PR) - federal response, not a GVI e
Date
2018-04-26
Type
Audit

APRIL 26, 2018 REPORT NUMBER 18-16 32 INSPECTION REPORT INSPECTION OF SBA’S INITIAL DISASTER ASSISTANCE RESPONSE TO HURRICANE IRMA EXECUTIVE SUMMARY INSPECTION OF SBA’S INITIAL DISASTER ASSISTANCE RESPONSE TO HURRICANE IRMA Report No. 18-16 April 26, 2018 What OIG Reviewed This report presents the results of our inspection of the Small Business Administration’s (SBA’s) initial disaster assistance response to Hurricane Irma. Hurricane Irma, a category 5 hurricane, first made landfall on September 6, 2017, in the U.S. Virgin Islands. On September 10 and September 11, 2017, this catastrophic hurricane also impacted residents in Florida, Georgia, and South Carolina, causing at least $42.5 billion in property damage. Hurricane Irma was the second of three major hurricanes (Harvey, Irma, and Maria) impacting the United States between August 25 and September 20, 2017. Our objective was to assess SBA’s initial disaster assistance response to Hurricane Irma, including staffing adequacy, loan application volume, and timeliness of disaster loan approvals. …

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