Data Collection Available for Public Comments
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.
Issuing agencies
Abstract
The Small Business Administration (SBA) intends to request approval, from the Office of Management and Budget (OMB) for the collection of information described below. The Paperwork Reduction Act (PRA) requires federal agencies to publish a notice in the Federal Register concerning each proposed collection of information before submission to OMB, and to allow 60 days for public comment in response to the notice. This notice complies with that requirement.
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 147 (Wednesday, August 2, 2023)</title>
</head>
<body><pre>
[Federal Register Volume 88, Number 147 (Wednesday, August 2, 2023)]
[Notices]
[Pages 50945-50946]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-16368]
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
Data Collection Available for Public Comments
ACTION: 60-Day notice and request for comments
-----------------------------------------------------------------------
SUMMARY: The Small Business Administration (SBA) intends to request
approval, from the Office of Management and Budget (OMB) for the
collection of information described below. The Paperwork Reduction Act
(PRA) requires federal agencies to publish a notice in the Federal
Register concerning each proposed collection of information before
submission to OMB, and to allow 60 days for public comment in response
to the notice. This notice complies with that requirement.
DATES: Submit comments on or before October 2, 2023.
ADDRESSES: Send all comments to, Scott Reynders-Byars, and OFFICE,
Small Business Administration.
FOR FURTHER INFORMATION CONTACT: Scott Reynders-Byars, <a href="/cdn-cgi/l/email-protection#3546565a41411b47504c5b5150474618574c544746754657541b525a43"><span class="__cf_email__" data-cfemail="0f7c6c607b7b217d6a76616b6a7d7c226d766e7d7c4f7c6d6e21686079">[email protected]</span></a>; 817-438-1812 Curtis B. Rich, Agency Clearance Officer
<a href="/cdn-cgi/l/email-protection#53302621273a207d213a303b132031327d343c25"><span class="__cf_email__" data-cfemail="0b687e797f627825796268634b78696a256c647d">[email protected]</span></a> 202-205-7030.
SUPPLEMENTARY INFORMATION: The Small Business Administration's Covid
EIDL Servicing Center Borrower Request Forms provide the borrower with
easily completed fillable forms that can be emailed or mailed to SBA's
Covid EIDL Servicing Center. Covid EIDL borrowers will use these forms
to request servicing actions such as seeking financial assistance in
the form of a subordination, deferment, re-amortization, accommodation,
change in ownership, change in collateral, or relocation of their
business. The information collected helps the Agency to make
eligibility assessments and approvals for servicing actions. It also
provides the borrower a road map to follow when requesting a
modification of their loan.
Solicitation of Public Comments
SBA is requesting comments on (a) Whether the collection of
information is necessary for the agency to properly perform its
functions; (b) whether the burden estimates are accurate; (c) whether
there are ways to minimize the burden, including through the use of
automated techniques or other forms of information technology; and (d)
whether there are ways to enhance the quality, utility, and clarity of
the information.
[[Page 50946]]
Summary of Information Collection
PRA NUMBER: 3245-
(1) Title: Covid EIDL Servicing Center Borrower Request Forms.
Description of Respondents: Respondents would be the businesses who
applied for, approved and received COVID Economic Injury Loans (EIDL)
from the Small Business Administration between January 31, 2020, and
May 16, 2023. Businesses eligible to apply were Sole Proprietorships,
Limited Liability Partnerships, Partnerships, Limited Liability
Companies and Corporations.
Form Number: N/A.
Total Estimated Annual Responses: The newly formed Covid EIDL
Servicing Center (CESC) currently has an active and current loan
portfolio of 2,586,163. As a newly formed servicing office we do not
have historical data to base this estimate. We have submitted our
estimates using historical data from the Small Business Administration
Office of Capital Access, Office of Disaster Assistance Servicing
Offices which estimates we will perform actions on approximately 35% of
our active portfolio per year or 905,157 estimated responses per year.
Total Estimated Annual Hour Burden: The CESC estimates the forms
will take an average of 30 minutes per document to complete. 30 minutes
times 905,157 the total estimated annual hour burden of 425,578 hours
per year.
Curtis B. Rich,
Agency Clearance Officer.
[FR Doc. 2023-16368 Filed 8-1-23; 8:45 am]
BILLING CODE 8026-09-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>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.