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EDA Implemented and Followed the Requirements for Awarding and Disbursing CARES Act Funding Through the Revolving Loan Fund Program
| Date Issued | May 24, 2023 |
|---|---|
| Report Number | OIG-23-021-I |
| Report Type | Audits / Evaluations |
| Description | Our evaluation found that EDA had a process to select applicants and award Coronavirus Aid, Relief, and Economic Security Act (CARES Act) funds through the revolving loan fund program, generally ensured that pre-disbursement requirements were met, and had a process for monitoring CARES Act funds after disbursement. |
| View Report | OIG-23-021-I.pdf |
| View Announcement | Evaluation-of-EDAs-Administering-of-CARES-Act-Funding-Through-Its-RLF-Program.pdf |
