Notice2024-12467
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
June 7, 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 111 (Friday, June 7, 2024)</title>
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[Federal Register Volume 89, Number 111 (Friday, June 7, 2024)]
[Notices]
[Page 48700]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-12467]
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SMALL BUSINESS ADMINISTRATION
Reporting and Recordkeeping Requirements Under OMB Review
AGENCY: U.S. 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 8, 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: Specific 7(a) WCP policy questions
should be directed to <a href="/cdn-cgi/l/email-protection#0e396f594d5e4e7d6c6f20696178"><span class="__cf_email__" data-cfemail="3e095f697d6e7e4d5c5f10595148">[email protected]</span></a>. 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#2f684641484a5d016e43434a416f5c4d4e01484059"><span class="__cf_email__" data-cfemail="f8bf91969f9d8ad6b994949d96b88b9a99d69f978e">[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#e4a0858a8d8188cab48d97878c81a4978685ca838b92"><span class="__cf_email__" data-cfemail="d89cb9b6b1bdb4f688b1abbbb0bd98abbab9f6bfb7ae">[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#99faecebedf0eab7ebf0faf1d9eafbf8b7fef6ef"><span class="__cf_email__" data-cfemail="2c4f595e58455f025e454f446c5f4e4d024b435a">[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 plan for 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
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.
Summary of Information Collection
PRA Number: 3245-.
Title: SBA Form 2534 ``7(a) Working Capital Pilot Program Addendum
to SBA Form 1919.''
Description of Respondents: SBA 7(a) Lenders processing WCP Program
Loans.
Form Number: 2534.
Estimated Number of Respondents: 214.
Total Estimated Annual Responses: 214.
Total Estimated Annual Hour Burden: 17.83.
Curtis Rich,
Agency Clearance Officer.
[FR Doc. 2024-12467 Filed 6-6-24; 8:45 am]
BILLING CODE 8026-09-P
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