Reporting and Recordkeeping Requirements Under OMB Review
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Issuing agencies
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.
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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 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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