Notice2024-05841
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.
Published
March 20, 2024
Issuing agencies
Small Business Administration
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) of 1995, 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
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<title>Federal Register, Volume 89 Issue 55 (Wednesday, March 20, 2024)</title>
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[Federal Register Volume 89, Number 55 (Wednesday, March 20, 2024)]
[Notices]
[Pages 19944-19945]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-05841]
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SMALL BUSINESS ADMINISTRATION
Data Collection Available for Public Comments
ACTION: 60-Day notice and request for comments.
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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) of 1995, 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 May 20, 2024.
ADDRESSES: Email all comments to: Teresa Lopez, Office of Financial
Program Operations, Small Business Administration, at
<a href="/cdn-cgi/l/email-protection#fa8e9f889f899bd496958a9f80ba89989bd49d958c"><span class="__cf_email__" data-cfemail="3e4a5b4c5b4d5f1052514e5b447e4d5c5f10595148">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Adrienne Grierson, Deputy Director
Office of Financial Program Operations, 202-205-6573,
<a href="/cdn-cgi/l/email-protection#e68782948f83888883c881948f8394958988a6958487c8818990"><span class="__cf_email__" data-cfemail="96f7f2e4fff3f8f8f3b8f1e4fff3e4e5f9f8d6e5f4f7b8f1f9e0">[email protected]</span></a> or Curtis B. Rich, Agency Clearance Officer,
202-205-7030, <a href="/cdn-cgi/l/email-protection#e0839592948993ce92898388a0938281ce878f96"><span class="__cf_email__" data-cfemail="ec8f999e98859fc29e858f84ac9f8e8dc28b839a">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: SBA Form 1149, Lenders Transcript of Account
is completed by Lenders when requesting SBA to purchase the guaranty
portion of a loan. At that time, Lenders are required to supply the
Agency with a certified transcript of the loan account. SBA Form 1149
is a uniform and convenient means for lenders to report and certify
loan accounts to purchase by SBA. The Agency uses the information to
determine date of loan default and whether Lender disbursed and
serviced the loan according to Loan Guaranty agreement.
SBA has determined that the current information does not adequately
meet its needs at the time of guaranty purchase review since the form
does not collect enough details about the type of loan payments.
Accordingly, SBA changed the column titled ``DEFERMENT'' to ``TYPE OF
PAYMENT.''
SBA also plans to revise and clarify the instructions for the Form
1149 to ensure the lenders will be aware of the information to be
reported. Lastly, the Form 1149 may undergo additional formatting
changes to make it easier to address mandatory Federal government 508
accessibility compliance.
This non-substantive change will likely not have a significant
impact on the burden. SBA is requesting a 3-year renewal.
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 using automated
techniques or other forms of information technology; and (d) whether
there are ways to enhance the quality, utility, and clarity of the
information.
Summary of Information Collection
Title: Lenders Transcript of Account.
Form Numbers: SBA Form 1149.
OMB Control Number: 3245-0132.
Description of Respondents: SBA Lenders.
Estimated Number of Respondents: 15,000.
[[Page 19945]]
Frequency of Response per Respondent: 1.
Total Estimated Annual Responses: 15,000.
Total Estimated Annual Hour Burden: 2 hours per respondent, for a
total of 30,000 hours.
Curtis Rich,
Agency Clearance Officer.
[FR Doc. 2024-05841 Filed 3-19-24; 8:45 am]
BILLING CODE 8026-09-P
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