[Federal Register Volume 83, Number 22 (Thursday, February 1, 2018)]
[Notices]
[Pages 4720-4721]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-01995]
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
Reporting and Recordkeeping Requirements Under OMB Review
AGENCY: Small Business Administration.
ACTION: 30-Day notice.
-----------------------------------------------------------------------
SUMMARY: The Small Business Administration (SBA) is publishing this
notice to comply with requirements of the Paperwork Reduction Act
(PRA),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 March 5, 2018.
ADDRESSES: Comments should refer to the information collection by name
and/
[[Page 4721]]
or OMB Control Number 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].
Copies: A copy of the Form OMB 83-1, supporting statement, and
other documents submitted to OMB for review may be obtained from the
Agency Clearance Officer.
SUPPLEMENTARY INFORMATION: For financial assistance programs authorized
by section 7(a) and (b) of the Small Business Act and Title V of the
Small Business Investment Act of 1958, SBA regulations require any loan
guarantor and individual owners of the small business applicant to
submit a personal financial statement to provide information on their
assets and liabilities. See, 13 CFR 120.191 and 13 CFR 123.6. The
information is necessary for the Agency, the participating lender or
CDC to make informed decisions concerning the applicant's repayment
abilities or creditworthiness.
For the 8(a) Business Development (BD), Small Disadvantaged
Business (SDB), and Women-Owned Small Business (WOSB) programs the
information is necessary for SBA to determine if the applicant or
participant meets the economic disadvantage requirements to participate
in these programs. SBA regulations at 13 CFR 124.104, 124.112,
124.1002, and 13 CFR 127.203 require, among other things, that
applicants and participants submit financial information to facilitate
this determination.
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 Collections
(1) Title: Personal Financial Statement.
Description of Respondents: Applicants and/or Participants in SBA's
7(a) loan program, 504 loan program, and disaster loan program, and
8(a) Business Development program, and the Women-Owned Small Business
program.
Form Numbers: SBA Forms 413(7a), 413(D), 413(8(a)) and 413(WOSB).
Estimated Annual Respondents: 44,588.
Estimated Annual Responses: 44,588.
Estimated Annual Hour Burden: 66,882.
Curtis B. Rich,
Management Analyst.
[FR Doc. 2018-01995 Filed 1-31-18; 8:45 am]
BILLING CODE 8025-01-P