Reporting and Recordkeeping Requirements Under OMB Review

Published date05 April 2024
Record Number2024-07229
Citation89 FR 24077
CourtSmall Business Administration
SectionNotices
Federal Register, Volume 89 Issue 67 (Friday, April 5, 2024)
[Federal Register Volume 89, Number 67 (Friday, April 5, 2024)]
                [Notices]
                [Page 24077]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2024-07229]
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                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 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 May 6, 2024.
                ADDRESSES: Written comments and recommendations for this information
                collection request should be sent within 30 days of publication of this
                notice to www.reginfo.gov/public/do/PRAMain. 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 Curtis Rich,
                Agency Clearance Officer at [email protected]; (202) 205-7030 or from
                www.reginfo.gov/public/do/PRAMain.
                SUPPLEMENTARY INFORMATION: SBA Form 172 is only used by lenders for
                loans that have been purchased by SBA and are being serviced by
                approved SBA lending partners. The lenders use the SBA Form 172 to
                report loan payment data to SBA on a monthly basis. The purpose of this
                reporting is to (1) show the remittance due SBA on a loan serviced by
                participating lending institutions (2) update the loan receivable
                balances.
                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 3245-0131.
                 Title: Transaction Report on Loans Serviced by Lender.
                 Description of Respondents: SBA Lenders.
                 SBA Form Number: SBA Form 172.
                 Estimated Number of Respondents: 542.
                 Estimated Annual Responses: 28,256.
                 Estimated Annual Hour Burden: 4,709.
                Curtis Rich,
                Agency Clearance Officer.
                [FR Doc. 2024-07229 Filed 4-4-24; 8:45 am]
                BILLING CODE 8026-09-P
                

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