[Federal Register Volume 78, Number 231 (Monday, December 2, 2013)]
[Notices]
[Pages 72139-72140]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-28805]
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SMALL BUSINESS ADMINISTRATION
Reporting and Recordkeeping Requirements Under OMB Review
AGENCY: Small Business Administration.
ACTION: Notice of 30-day information collection submitted for OMB
review.
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SUMMARY: The Small Business Administration (SBA) is publishing this
notice to comply with requirements of the Paperwork Reduction Act (PRA)
(44 U.S.C. Chapter 35), which requires agencies to submit proposed
reporting and recordkeeping requirements to OMB for review and
approval, and to publish a notice in the Federal Register notifying the
public that the agency has made such a submission. This notice also
allows an additional 30 days for public comments.
DATES: Submit comments on or before January 2, 2014. If you intend to
comment but cannot prepare comments promptly, please advise the OMB
Reviewer and the Agency Clearance Officer before the deadline.
Copies: Request for clearance (OMB 83-1), supporting statement, and
other documents submitted to OMB for review may be obtained from the
Agency Clearance Officer.
ADDRESSES: Comments should refer to the information collection by name
and/or OMB Control Number (3245-0348) and should be sent to: Agency
Clearance Officer, Curtis Rich, Small Business Administration, 409 3rd
Street SW., 5th Floor, Washington, DC 20416; and SBA Desk Officer,
Office of Information and Regulatory Affairs, Office of Management and
Budget, New Executive Office Building, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT: Curtis Rich, Agency Clearance Officer,
(202) 205-7030 [email protected].
SUPPLEMENTARY INFORMATION:
(a) Abstract:
SBA is proposing to make several changes to this information
collection (Form 1919, Form 1920SX (B & C) and Forms 2237 and 2238-
Control Number
[[Page 72140]]
3245-0348). These changes, which are related to the application process
for loan application and processing methods for the Agency's 7(a) loan
program, are necessary to conform to recent updates to SBA's Standard
Operating Procedures (SOP), Lender and Development Company Loan
Programs, designated as SOP 50 10 5(F). The update resulted in changes
related to franchise eligibility, character determinations, credit
standards, and appraisal and business valuation requirements, among
others. The update to the SOP also simplifies the application process
for all SBA-guaranteed loans in the 7(a) Loan Program by consolidating
the various forms used into one set of forms. Specifically, SBA
proposes to use this information collection to collect the application
related information currently collected by various other collections of
information (OMB Control Numbers 3245-0016 and 3245-0361), which will
subsequently be discontinued. The new consolidated 3245-0348
information collection will be revised to ensure that all of the non-
duplicative and necessary information is captured by the consolidated
forms. SBA will make the revised forms available on its Web site
immediately after the Agency receives OMB's approval. The Agency will
also provide notice of the forms' availability to the affected lending
community though its usual communication channels.
SBA also notes that these changes are in addition to the ones that
the Agency proposed in the February 25, 2013, publication of 504 and
7(a) Loan Program Updates notice of proposed rulemaking. (78 FR 12633).
That rulemaking is still pending final review and approval. As soon as
SBA receives that approval it will make any additional and necessary
changes to conform to the rule.
(b) 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 there are ways to enhance the quality, utility, and clarity of
the information.
(c) Overview of Information Collection:
Title: SBA Express, Export Express, Small Loan Advantage, PLP-
Caplines, and Pilot Loan Programs (Patriot Express and Dealer Floor
Plan) Description of Respondents: Small businesses applying for an SBA
7(a) loan and lenders participating in that program.
Form Numbers: (i) Form 1919: SBA Express, Export Express, Small
Loan Advantage, PLP-CAPLines, and Pilot Loan Programs (Patriot Express
And Dealer Floor Plan) Borrower Information Form. This form collects
identifying information regarding the applicant, loan request,
indebtedness, information about the principals, information about
current or previous government financing, and certain other
disclosures.
(ii) Form 1920SX (Part A): SBA Express, Export Express, Small Loan
Advantage, PLP-CAPLines and Pilot Loan Programs (Patriot Express and
Dealer Floor Plan) Guaranty Request. This form will no longer be used
as it is a fax coversheet and all applications will be submitted to SBA
electronically.
(iii) Form 1920SX (Part B): Supplemental Information for SBA
Express, Export Express, Small Loan Advantage, Pilot Loan Programs and
PLP Processing. This form is completed by the 7(a) Lender. This form
includes, among other things, identifying information regarding the
lender, loan terms, and use of proceeds.
(iv) Form 1920SX (Part C): Eligibility Information Required for SBA
Express, Export Express, Small Loan Advantage, PLP-CAPLines and Pilot
Loan Programs (Patriot Express and Dealer Floor Plan). This form is
completed by the 7(a) Lender. It consolidates eligibility criteria
regarding the loan applicants, including use of proceeds and general
rules applicable to SBA Express, Export Express, Small Loan Advantage,
PLP-CAPLines, Patriot Express and Dealer Floor Plan.
(v) Form 2237: 7(a) Loan Post Approval Action Checklist. This form
is completed by the Lender and submitted to SBA for post-approval
changes to the loan.
(vi) Form 2238: Supplemental Information for SBA Express/Patriot
Express Guaranty Request (Eligibility Authorized). This form is
completed by the Lender that has been designated as ``eligibility
authorized.'' This form will no longer be used.
Total Estimated Annual Responses: 165,930
Total Estimated Annual Hour Burden: 275,055
Curtis Rich,
Management Analyst.
[FR Doc. 2013-28805 Filed 11-29-13; 8:45 am]
BILLING CODE 8025-01-P