Reporting and Recordkeeping Requirements Under OMB Review, 58399-58400 [2014-23031]

Agencies

• SMALL BUSINESS ADMINISTRATION

[Federal Register Volume 79, Number 188 (Monday, September 29, 2014)]
[Notices]
[Pages 58399-58400]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-23031]


=======================================================================
-----------------------------------------------------------------------

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) 
(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 October 29, 2014.

ADDRESSES: Comments should refer to the information collection by name 
and/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 curtis.rich@sba.gov
    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

[[Page 58400]]

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. 2014-23031 Filed 9-26-14; 8:45 am]
BILLING CODE 8025-01-P