Notice2024-06421
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 26, 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) 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 59 (Tuesday, March 26, 2024)</title>
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[Federal Register Volume 89, Number 59 (Tuesday, March 26, 2024)]
[Notices]
[Pages 21165-21166]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-06421]
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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) 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 28, 2024.
ADDRESSES: Send all comments to, Office of Capital Access, Office of
Financial Assistance, 7(a) Loan Policy Division, Small Business
Administration, Ginger Allen, at <a href="/cdn-cgi/l/email-protection#0b4c62656c6e79254a67676e654b78696a256c647d"><span class="__cf_email__" data-cfemail="f0b7999e979582deb19c9c959eb0839291de979f86">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: For further information, contact
Ginger Allen, Chief, 7(a) Loan Policy Division, Office of Financial
Assistance, Office of Capital Access, Small Business Administration, at
(202) 205-7110 or <a href="/cdn-cgi/l/email-protection#f0b7999e979582deb19c9c959eb0839291de979f86"><span class="__cf_email__" data-cfemail="7e391710191b0c503f12121b103e0d1c1f50191108">[email protected]</span></a>, or Daniel Pische, Director,
International Trade Finance, Office of International Trade, Small
Business Administration, at (202) 205-7119 or <a href="/cdn-cgi/l/email-protection#3a7e5b54535f56146a534959525f7a49585b145d554c"><span class="__cf_email__" data-cfemail="0e4a6f60676b62205e677d6d666b4e7d6c6f20696178">[email protected]</span></a>.
The phone numbers above may also be reached by individuals who are deaf
or hard of hearing, or who have speech disabilities, through the
Federal Communications Commission's TTY-Based Telecommunications Relay
Service teletype service at 711.
Curtis B. Rich, Agency Clearance Officer <a href="/cdn-cgi/l/email-protection#107365626479633e62797378506372713e777f66"><span class="__cf_email__" data-cfemail="8ae9fff8fee3f9a4f8e3e9e2caf9e8eba4ede5fc">[email protected]</span></a> 202-
205-7030.
SUPPLEMENTARY INFORMATION: SBA is contemplating a new 7(a) Working
Capital Pilot (WCP) Program within SBA's 7(a) Loan Programs. As part of
the implementation of this program SBA has created a new addendum to
SBA Form 1919, SBA Form 2534, ``7(a) Working Capital Pilot Program
Addendum to SBA Form 1919'', to collect specific Applicant business
information for the 7(a) WCP Program when a Lender submits a 7(a) WCP
application for guaranty. The collection of this information assists in
identifying Applicant businesses applying for the 7(a) WCP Program and
pertinent information applicable to the pilot program. The form is
comprised of questions that help identify the delivery method(s) of the
7(a) WCP loan, gather data for asset-based 7(a) WCP loans regarding
initial advance rates for accounts receivable and inventory, and
whether 7(a) WCP loan proceeds will be used to refinance the Lender's
same institution SBA Express loan(s). SBA Form 2534 must be completed
by the Lender and the information from the form will be submitted to
SBA electronically via SBA's electronic transmission (E-Tran) platform.
Only one form will be submitted as part of an application. SBA expects
most Lenders to collect the data through internal or third-party
software platforms. Lenders must retain the form in the respective loan
file.
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
[[Page 21166]]
there are ways to enhance the quality, utility, and clarity of the
information.
Summary of Information Collection
PRA Number: 3245-.
Title: SBA Form 2534 ''7(a) Working Capital Pilot Program Addendum
to SBA Form1919''.
Description of Respondents: SBA 7(a) Lenders processing WCP Program
Loans.
Form Number: 2534.
Total Estimated Annual Responses: 214.
Total Estimated Annual Hour Burden: 17.83.
Curtis Rich,
Agency Clearance Officer.
[FR Doc. 2024-06421 Filed 3-25-24; 8:45 am]
BILLING CODE 8026-09-P
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