21st Century SBA: An Analysis of SBA’s Technology Systems
Wednesday, July 22, 2020 | 1:00 PM
The Committee on Small Business Subcommittee on Investigations, Oversight, and Regulations will meet for a hybrid hearing entitled, “21st Century SBA: An Analysis of SBA’s Technology Systems." The hearing is scheduled to begin at 1:00 PM (EST) on Wednesday, July 22, 2020, and will take place in room 2360 of the Rayburn House Office Building. Members who wish to participate remotely may do so via Cisco WebEx.
During the Coronavirus pandemic, the Small Business Administration experienced an unprecedented level of applicants for the Paycheck Protection Program and the Economic Injury Disaster Loan programs. The influx inundated SBA’s systems leading to backend system crashes, portals operating slowly, and a glitch that led to a data breach of applicants’ personal information. The Committee will meet to examine SBA’s response to the technological issues that borrowers and lenders faced when applying for the economic relief programs.
To view a livestream of the hearing, please click here.
Mr. Guy Cavallo
Deputy Chief Information Officer
U.S. Small Business Administration