Notice2024-07229

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
April 5, 2024

Issuing agencies

Small Business Administration

Abstract

The Small Business Administration (SBA) is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act and OMB procedures, SBA is publishing this notice to allow all interested member of the public an additional 30 days to provide comments on the proposed collection of information.

Full Text

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<title>Federal Register, Volume 89 Issue 67 (Friday, April 5, 2024)</title>
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[Federal Register Volume 89, Number 67 (Friday, April 5, 2024)]
[Notices]
[Page 24077]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-07229]


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SMALL BUSINESS ADMINISTRATION


Reporting and Recordkeeping Requirements Under OMB Review

AGENCY: Small Business Administration.

ACTION: 30-Day notice.

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SUMMARY: The Small Business Administration (SBA) is seeking approval 
from the Office of Management and Budget (OMB) for the information 
collection described below. In accordance with the Paperwork Reduction 
Act and OMB procedures, SBA is publishing this notice to allow all 
interested member of the public an additional 30 days to provide 
comments on the proposed collection of information.

DATES: Submit comments on or before May 6, 2024.

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.

FOR FURTHER INFORMATION CONTACT: You may obtain a copy of the 
information collection and supporting documents from Curtis Rich, 
Agency Clearance Officer at <a href="/cdn-cgi/l/email-protection#2a495f585e435904584349426a59484b044d455c"><span class="__cf_email__" data-cfemail="610214131508124f13080209211203004f060e17">[email&#160;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: SBA Form 172 is only used by lenders for 
loans that have been purchased by SBA and are being serviced by 
approved SBA lending partners. The lenders use the SBA Form 172 to 
report loan payment data to SBA on a monthly basis. The purpose of this 
reporting is to (1) show the remittance due SBA on a loan serviced by 
participating lending institutions (2) update the loan receivable 
balances.

Solicitation of Public Comments

    Comments may be submitted 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.
    OMB Control 3245-0131.
    Title: Transaction Report on Loans Serviced by Lender.
    Description of Respondents: SBA Lenders.
    SBA Form Number: SBA Form 172.
    Estimated Number of Respondents: 542.
    Estimated Annual Responses: 28,256.
    Estimated Annual Hour Burden: 4,709.

Curtis Rich,
Agency Clearance Officer.
[FR Doc. 2024-07229 Filed 4-4-24; 8:45 am]
BILLING CODE 8026-09-P


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Indexed from Federal Register on April 5, 2024.

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.