Reporting and Recordkeeping Requirements Under OMB Review

• Published date: 05 April 2021
• Record Number: 2021-06895
• Section: Notices
• Court: Small Business Administration

Federal Register, Volume 86 Issue 63 (Monday, April 5, 2021)

[Federal Register Volume 86, Number 63 (Monday, April 5, 2021)]
                [Notices]
                [Page 17664]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2021-06895]
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                SMALL BUSINESS ADMINISTRATION
                Reporting and Recordkeeping Requirements Under OMB Review
                AGENCY: 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 May 5, 2021.
                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 the Agency
                Clearance Office at [email protected]; (202) 205-7030, or from
                www.reginfo.gov/public/do/PRAMain.
                SUPPLEMENTARY INFORMATION: For SBA financial assistance programs, SBA
                Form 413 Personal Financial Statement (PFS) collects information
                regarding the assets and liabilities of certain owners, officers and
                guarantors of the small business applicant benefiting from such
                assistance and is used when analyzing the applicant's repayment
                abilities or creditworthiness. SBA's Surety Bond Guaranty Program uses
                the Form 413 PFS information during the claim recovery process. The
                information is also collected from applicants and participants in SBA's
                8(a)/BD and Women-Owned Small Business (WOSB) Program certification
                process to determine whether they meet the economic disadvantage
                requirements of the program.
                 SBA currently has four versions of the Form 413 PFS. The Agency
                plans to consolidate and streamline these into one Form 413 which will
                be used across the various program offices. SBA plans to expand and
                clarify the instructions for the Form 413 to ensure the public will be
                aware of the specific submission process for each program office.
                Lastly, the Form 413 may undergo significant formatting changes to make
                it easier to address mandatory Federal government 508 accessibility
                compliance.
                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 Number: 3245-0188.
                 Title: Personal Financial Statement.
                 SBA Form Number: SBA Forms 413 7(a)/504/SBG, 413 Disaster, 413 8(a)
                and 413 WOSB.
                 Description of Respondents: 7(a) and 504 loan Program applicants,
                Surety Bond Program recovery claimants, Disaster Loan Program
                applicants excluding sole proprietors and individuals, 8(a)/BD and WOSB
                Program applicants.
                 Estimated Annual Responses: 371,108.
                 Estimated Annual Hour Burden: 391,812.
                Curtis Rich,
                Management Analyst.
                [FR Doc. 2021-06895 Filed 4-2-21; 8:45 am]
                BILLING CODE 8026-03-P