Notice2024-11797

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
May 30, 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 105 (Thursday, May 30, 2024)</title>
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[Federal Register Volume 89, Number 105 (Thursday, May 30, 2024)]
[Notices]
[Page 46944]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-11797]


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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 July 1, 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 the Agency 
Clearance Office at <a href="/cdn-cgi/l/email-protection#3e7d4b4c4a574d106c575d567e4d5c5f10595148"><span class="__cf_email__" data-cfemail="8ac9fff8fee3f9a4d8e3e9e2caf9e8eba4ede5fc">[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: For SBA financial assistance programs, SBA 
Form 413 Personal Financial Statement (PFS) collects information 
regarding the assets and liabilities of certain owners, officers and 
guarantors of the small business applicant benefiting from such 
assistance and is used when analyzing the applicant's repayment 
abilities or creditworthiness. SBA's Surety Bond Guaranty Program uses 
the Form 413 PFS information during the claim recovery process. The 
information is also collected from applicants and participants in SBA's 
8(a) Business Development (BD) and Women-Owned Small Business (WOSB) 
Program certification process to determine whether they meet the 
economic disadvantage requirements of the program.
    All program offices use the same Form 413. SBA plans to revise and 
clarify the instructions for the Form 413 to ensure the public will be 
aware of the specific submission process for each program office. SBA 
will update the Form 413 to include recent rule and policy updates 
related to its thresholds for inflation. Lastly, the Form 413 may 
undergo additional formatting changes to make it easier to address 
mandatory Federal government 508 accessibility compliance.
    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 Number: 3245-0188.
    Title: Personal Financial Statement.
    Description of Respondents: 7(a) and 504 loan Program applicants, 
Surety Bond Program recovery claimants, Disaster Loan Program business 
applicants 8(a)/BD and WOSB Program applicants.
    SBA Form Numbers: SBA Forms 413(a) loan program, 413 (504) loan 
program, 413 Disaster and 413 8(a) BD program.
    Estimated Number of Respondents: 251,934.
    Estimated Annual Responses: 251,934.
    Estimated Annual Hour Burden: 344,174.

Curtis Rich,
Agency Clearance Officer.
[FR Doc. 2024-11797 Filed 5-29-24; 8:45 am]
BILLING CODE 8026-09-P


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Indexed from Federal Register on May 30, 2024.

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