Reporting and Recordkeeping Requirements Under OMB Review
Published date | 05 April 2024 |
Record Number | 2024-07229 |
Citation | 89 FR 24077 |
Court | Small Business Administration |
Section | Notices |
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] ======================================================================= ----------------------------------------------------------------------- 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