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Special Inspector General for Pandemic Recovery

Special Inspector General for Pandemic Recovery — 17 source documents and 11 court filings in the archive, dated 2020-04-10 – 2025-01-01. Most often reports and audits (11), briefs and memoranda (2), orders and opinions (1). Listed in date order; each page carries the record's full text and, where we have a copy, the original document.

Facts

Records27 (16 source documents and 11 court filings)
Dated2020-04-10 – 2025-01-01
Document typesreports and audits (11), briefs and memoranda (2), orders and opinions (1)
Listed under programsOther relief programs (14), PPP (11), EIDL (5), Other pandemic litigation (1)

Records

16 source documents and 11 court filings, in date order.

  1. Quaterly Report to the United States Congress July through September 2022Source document · Orders and opinionsSIGPR Quarterly Report to Congress, July through September 2022: CARES Act direct loan audits, 147 hotline complaints and $118,330 seized.
  2. Special Inspector General for Pandemic Recovery Initial Report to CongressSource document · Reports and auditsSpecial Inspector General for Pandemic Recovery's first report sets out its CARES Act jurisdiction, twelve investigations and Treasury obligations.
  3. Special Inspector General For Pandemic Recovery | Quarterly Report To CongressSource document · Reports and auditsSpecial Inspector General for Pandemic Recovery first quarterly report to Congress on CARES Act oversight and jurisdiction, September 30, 2020.
  4. SIGPR Quarterly Report to CongressSource document · Reports and auditsSIGPR's quarterly report for October to December 2020: 69 leads referred, new investigations, and an analysis of multiple-dipping in CARES Act programs.
  5. Fact Sheet: Department of Education and Department of the Treasury Federal Student Assistance PartnershipSource document
  6. SIGPR Quarterly Report to the United States Congress - March 31Source document · Reports and auditsSIGPR's report for January to March 2021 says a Justice Department legal opinion cut its oversight of PPP and other pandemic programs.
  7. Direct Loan Program Survey Results (SIGPR-A-21-003)Source document · Reports and auditsSIGPR report SIGPR-A-21-003 (September 23, 2021) on surveys of approved and non-approved CARES Act Direct Loan Program applicants and their responses.
  8. SIGPR Quarterly Report to the United States Congress - September 30, 2021Source document · Reports and auditsSIGPR Quarterly Report to Congress, July to September 2021 (October 29, 2021): 242 hotline complaints, Main Street Lending audit and restitution proposal.
  9. Main Street Lending Program Survey Results (SIGPR-A-22-001)Source document · Reports and auditsSIGPR report SIGPR-A-22-001, January 27, 2022: Main Street Lending Program survey of 58 lenders and 627 borrowers, with mostly positive feedback.
  10. SIGPR Quarterly Report to the United States Congress - June 30, 2021Source document · Reports and auditsSIGPR quarterly report to Congress for October to December 2021 (January 31, 2022), warning its funds run out in July 2022 and listing oversight work.
  11. Quarterly Report to the United States Congress: January through March 2023 (2023-03-09)Source document · Briefs and memorandaSIGPR Quarterly Report to Congress, January through March 2023: airline loan attestation reviews, MSLP interim report and investigative activity.
  12. Weaknesses in Treasury's CARES Act Loan Monitoring (SIGPR-A-22-002-2)Source document · Reports and auditsSIGPR audit report SIGPR-A-22-002-2 (May 31, 2023) finding delays and uneven coverage in Treasury's monitoring of $2.7 billion in CARES Act loans.
  13. SIGPR Fact Sheet — August 2023Source document
  14. Quarterly Report to the United States Congress: July through September 2023 (2023-09-14)Source document · Reports and auditsSIGPR's July to September 2023 report: $1 billion in troubled Main Street loans, $210 million in losses, 8 of 35 direct loans in default.
  15. Quarterly Report to the United States Congress: October to December 2023 (2023-11-07)Source document · Reports and auditsSIGPR's fifteenth Quarterly Report to Congress, October to December 2023: Main Street Lending Program loan losses of $564 million.
  16. Lessons Learned: Recognizing Structural Aspects of the Main Street Lending Program that Failed to Prevent FraudSource document · Reports and auditsSIGPR report, February 23, 2024, says 95 percent SPV participation in Main Street loans left lending banks little incentive to vet borrowers.
  17. Special Inspector General for Pandemic Recovery Quarterly Report to Congress, January to March 2024Source document · Reports and auditsSIGPR 16th Quarterly Report to Congress, January to March 2024: MSLP loan losses rose from $164 million to $572 million, $695 million by March.
  18. Review of Yellow’s Compliance with Section 12.05 of its Loan and Guarantee Agreement (SIGPR-A-23-004)Source document · Reports and auditsSIGPR report SIGPR-A-23-004, September 6, 2024: review finds no additional violations of Yellow's $700 million loan compensation limits in Section 12.05.
  19. Quarterly Report to the United States Congress, July to September 2024 — Office of the Special Inspector General for Pandemic RecoverySource document
  20. Special Inspector General for Pandemic Recovery Quarterly Report to Congress, October through December 2024Source document · Briefs and memorandaSIGPR's October to December 2024 report: over $1.36 billion in Main Street loan losses, $577 million in fraud under investigation, extension sought.
  21. undatedAudit Memorandum: MSLP Loan Losses' Effect on Treasury's Investment (SIGPR-A-23-002-7)Source document · Reports and auditsSIGPR audit memo SIGPR-A-23-002-7 (December 16, 2024): Main Street Lending Program loan losses and Treasury's $37.5 billion investment.
  22. undatedAudit of National Security Loan Program Recipient — MapLarge, Inc. (SIGPR-A-23-003)Source document · Reports and auditsSIGPR final audit report SIGPR-A-23-003, May 14, 2024, on MapLarge, Inc.'s $10 million CARES Act section 4003(b)(3) loan from the Treasury.
  23. undatedAudit of U.S. Treasury's Direct Loan to YRC Worldwide, Inc. (SIGPR-A-22-005)Source document · Reports and auditsSIGPR audit report SIGPR-A-22-005, May 11, 2023, on Treasury's process for its $700 million CARES Act loan to YRC Worldwide, Inc.
  24. undatedInterim Report No. 4: MSLP Loan Losses and Federal Reserve Subpoena (SIGPR-A-23-002-4)Source document · Reports and auditsSIGPR Interim Report SIGPR-A-23-002-4 (September 14, 2023) on Main Street Lending Program loan losses, bank subpoena results and a Fed subpoena.
  25. undatedInterim Report: MSLP Loan Losses' Effect on Treasury's Investment (SIGPR-A-23-002-2)Source document · Reports and auditsSIGPR interim report SIGPR-A-23-002-2 (March 31, 2023): subpoena responses from 16 of 47 banks on Main Street Lending Program loan defaults and losses.
  26. undatedInterim Report No. 3: MSLP Loan Losses with Loan Loss Comparison (SIGPR-A-23-002-3)Source document · Reports and auditsSIGPR Interim Report SIGPR-A-23-002-3, May 12, 2023: Main Street Lending Program subpoena results from 39 banks and a loan-loss comparison with 11 banks.
  27. undatedImplementation Review: Loan Agreements Need to Provide for Appropriate SIGPR Access (July 2020)Source document · Reports and auditsSIGPR memo of July 28, 2020 asking Treasury to give SIGPR access under CARES Act Section 4003 loan agreements, and Treasury's July 30, 2020 acceptance.
  28. undatedRoll-up of Independent Review of 4003(b) Loan Recipients' Validation Memos (SIGPR-A-22-003-17)Source document · Reports and auditsSIGPR audit memorandum SIGPR-A-22-003-17 (March 8, 2023) on Treasury 4003(b) loan Validation Memos: minor discrepancies in 10 of 16 reviewed.

More source documents in the archive

3 more source documents from this source is in the archive. It is not counted in the records above.

  1. undatedSpecial Inspector General for Pandemic Recovery — Quarterly Report to Congress, July through September 2022Source document
  2. undatedSpecial Inspector General for Pandemic Recovery (16th Quarterly Report to Congress)Source document
  3. undatedSIGPR: Quarterly Report to the United States Congress, April through June 2023Source document

Sources: the 17 record pages listed; court, dates and document types are as recorded on those pages.

Other sources

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