Notice2021-21083
Reporting and Recordkeeping Requirements Under OMB Review
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
September 29, 2021
Issuing agencies
Small Business Administration
Abstract
The Small Business Administration will submit the information collection described below to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. SBA is publishing this notice to allow all interested member of the public an additional 30 days to provide comments on the collection of information.
Full Text
<html>
<head>
<title>Federal Register, Volume 86 Issue 186 (Wednesday, September 29, 2021)</title>
</head>
<body><pre>
[Federal Register Volume 86, Number 186 (Wednesday, September 29, 2021)]
[Notices]
[Page 54006]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-21083]
=======================================================================
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
Reporting and Recordkeeping Requirements Under OMB Review
AGENCY: U.S. Small Business Administration.
ACTION: 30-Day notice; request for comments.
-----------------------------------------------------------------------
SUMMARY: The Small Business Administration will submit the information
collection described below to the Office of Management and Budget (OMB)
for review and clearance in accordance with the Paperwork Reduction Act
of 1995, on or after the date of publication of this notice. SBA is
publishing this notice to allow all interested member of the public an
additional 30 days to provide comments on the collection of
information.
DATES: Submit comments on or before October 29, 2021.
ADDRESSES: Written comments and recommendations for this information
collection request should be sent within 30 days of publication of this
notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular
information collection request by selecting ``Small Business
Administration''; ``Currently Under Review,'' then select the ``Only
Show ICR for Public Comment'' checkbox. This information collection can
be identified by title and/or OMB Control Number, which are provided
below.
FOR FURTHER INFORMATION CONTACT: You may obtain a copy of the
information collection and supporting documents from the Agency
Clearance Office by contacting Curtis Rich at <a href="/cdn-cgi/l/email-protection#5c1f292e28352f720e353f341c2f3e3d723b332a"><span class="__cf_email__" data-cfemail="4d0e383f39243e631f242e250d3e2f2c632a223b">[email protected]</span></a>;
(202) 205-7030, or from <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>.
SUPPLEMENTARY INFORMATION: Section 1102 of the Coronavirus Aid, Relief,
and Economic Security (CARES) Act, Public Law 116-136, authorized SBA
to guarantee loans made by banks or other financial institutions under
a temporary program titled the ``Paycheck Protection Program'' (PPP).
These loans were available to eligible small businesses, certain non-
profit organizations, veterans' organizations, Tribal business
concerns, independent contractors, and self-employed individuals
adversely impacted by the COVID-19 Emergency. SBA's authority to
guarantee PPP loans expired on August 8, 2020. On December 27, 2020,
SBA received reauthorization under the Economic Aid Act, Public Law
116-260, to resume guaranteeing PPP loans through March 31, 2021. The
Economic Aid Act authorized certain borrowers that previously received
a PPP loan to receive a second draw PPP loan (``Second Draw PPP Loan
Program''). On March 11, 2021, the American Rescue Plan Act, Public Law
117-2, was enacted, amending various PPP statutory provisions. On March
30, 2021, the PPP Extension Act of 2021 extended the SBA's PPP program
authority through June 30, 2021.
This information collection is currently approved for the Second
Draw PPP Loan Program under the emergency procedures authorized by 5
U.S.C. 3507(j) and 5 CFR 1320.13. This approval will expire on
September 30, 2021. Therefore, as required by the Paperwork Reduction
Act, SBA is publishing this notice as a prerequisite to seeking OMB's
approval to ensure this information collection is available for use
beyond September 30, 2021, if necessary.
Summary of Information Collection
Title: Paycheck Protection Loan Program--Second Draw.
OMB Control Number: 3245-0417.
(I) SBA Form 2483-D, Paycheck Protection Program Second Draw
Application
Estimated Number of Respondents: 1,795,000.
Estimated Annual Responses: 1,795,000.
Estimated Annual Hour Burden: 239,393.
(II) SBA Form 2483-SD-C--Paycheck Protection Program Second Draw
Application for Schedule C Filers Using Gross Income
Estimated Number of Respondents: 1,118,000.
Estimated Annual Responses: 1,118,000.
Estimated Annual Hour Burden: 149,061.
(III) SBA Form 2484-SD--Paycheck Protection Program Second Draw
Lender's Application for 7(A) Guaranty
Estimated Number of Respondents: 5,506.
Estimated Annual Responses: 2,913,000.
Estimated Annual Hour Burden: 1,213,919.
Solicitation of Public Comments
SBA invites the public to submit comments, including specific and
detailed suggestions on ways to improve the collection and reduce the
burden on respondents. Commenters should also address (i) whether the
information collection is necessary for the proper performance of SBA's
functions, including whether it has any practical utility; (ii) the
accuracy of the estimated burdens; (iii) ways to enhance the quality,
utility, and clarity of the information to be collected; and (iv) the
use of automated collection techniques or other forms of information
technology to minimize the information collection burden on those who
are required to respond.
Curtis Rich,
Management Analyst.
[FR Doc. 2021-21083 Filed 9-28-21; 8:45 am]
BILLING CODE 8026-03-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on September 29, 2021.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.