Data Collection Available for Public Comments, 8331-8332 [2020-02869]
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Federal Register / Vol. 85, No. 30 / Thursday, February 13, 2020 / Notices
operative for 30 days after the date of its
filing. However, Rule 19b–4(f)(6)(iii) 34
permits the Commission to designate a
shorter time if such action is consistent
with the protection of investors and the
public interest. The Exchange has asked
the Commission to waive the 30-day
operative delay so that the proposal may
become operative immediately upon
filing. The Exchange has represented
that adopting the DRT routing
functionality and eliminating references
to certain duplicative routing options
will conform its routing strategies to its
affiliated exchanges and will eliminate
any potential confusion for its Members.
The Commission believes that waiver of
the 30-day operative delay is consistent
with the protection of investors and the
public interest and hereby waives the
operative delay and designates the
proposal as operative upon filing.35
At any time within 60 days of the
filing of the proposed rule change, the
Commission summarily may
temporarily suspend such rule change if
it appears to the Commission that such
action is necessary or appropriate in the
public interest, for the protection of
investors, or otherwise in furtherance of
the purposes of the Act. If the
Commission takes such action, the
Commission shall institute proceedings
under Section 19(b)(2)(B) of the Act 36 to
determine whether the proposed rule
change should be approved or
disapproved.
IV. Solicitation of Comments
Interested persons are invited to
submit written data, views, and
arguments concerning the foregoing,
including whether the proposed rule
change is consistent with the Act.
Comments may be submitted by any of
the following methods:
• Use the Commission’s internet
comment form (https://www.sec.gov/
rules/sro.shtml); or
• Send an email to rule-comments@
sec.gov. Please include File Number SR–
CboeEDGX–2020–006 on the subject
line.
Paper Comments:
jbell on DSKJLSW7X2PROD with NOTICES
• Send paper comments in triplicate
to Secretary, Securities and Exchange
Commission, 100 F Street NE,
Washington, DC 20549–1090.
34 17
CFR 240.19b–4(f)(6)(iii).
purposes only of waiving the 30-day
operative delay, the Commission also has
considered the proposed rule’s impact on
efficiency, competition, and capital formation. See
15 U.S.C. 78c(f).
36 15 U.S.C. 78s(b)(2)(B).
35 For
18:34 Feb 12, 2020
For the Commission, by the Division of
Trading and Markets, pursuant to delegated
authority.37
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–02838 Filed 2–12–20; 8:45 am]
Electronic Comments:
VerDate Sep<11>2014
All submissions should refer to File
Number SR–CboeEDGX–2020–006. This
file number should be included on the
subject line if email is used. To help the
Commission process and review your
comments more efficiently, please use
only one method. The Commission will
post all comments on the Commission’s
internet website (https://www.sec.gov/
rules/sro.shtml). Copies of the
submission, all subsequent
amendments, all written statements
with respect to the proposed rule
change that are filed with the
Commission, and all written
communications relating to the
proposed rule change between the
Commission and any person, other than
those that may be withheld from the
public in accordance with the
provisions of 5 U.S.C. 552, will be
available for website viewing and
printing in the Commission’s Public
Reference Room, 100 F Street NE,
Washington, DC 20549, on official
business days between the hours of
10:00 a.m. and 3:00 p.m. Copies of the
filing also will be available for
inspection and copying at the principal
office of the Exchange. All comments
received will be posted without change.
Persons submitting comments are
cautioned that we do not redact or edit
personal identifying information from
comment submissions. You should
submit only information that you wish
to make available publicly. All
submissions should refer to File
Number SR–CboeEDGX–2020–006 and
should be submitted on or before March
5, 2020.
Jkt 250001
BILLING CODE 8011–01–P
SMALL BUSINESS ADMINISTRATION
Data Collection Available for Public
Comments
60-day notice and request for
comments.
ACTION:
The Small Business
Administration (‘‘SBA’’) intends to
request approval from the Office of
Management and Budget (‘‘OMB’’) for
the collection of information authorized
under OMB Control Number 3245–0071.
The Paperwork Reduction Act (‘‘PRA’’)
requires federal agencies to publish a
notice in the Federal Register
SUMMARY:
37 17
PO 00000
CFR 200.30–3(a)(12).
Frm 00087
Fmt 4703
Sfmt 4703
8331
concerning each proposed collection of
information before submission to OMB,
and to allow 60 days for public
comment in response to the notice.
DATES: Submit comments on or before
April 13, 2020.
ADDRESSES: Send all comments to Mary
Frias, Loan Specialist, Office of
Financial Assistance, Small Business
Administration, 409 3rd Street, 8th
Floor, Washington, DC 20416.
FOR FURTHER INFORMATION CONTACT:
Mary Frias, Loan Specialist, Office of
Financial Assistance, (202) 401–8234,
mary.frias@sba.gov, or Curtis B. Rich,
Management Analyst, (202) 205–7030,
curtis.rich@sba.gov.
SUPPLEMENTARY INFORMATION: The 504
Loan Program is an SBA financing
program authorized under Title V of the
Small Business Investment Act of 1958,
15 U.S.C. 695 et seq. The core mission
of the 504 Loan Program is to provide
long-term financing to eligible small
businesses for the purchase or
improvement of land, buildings, and
major equipment in an effort to facilitate
the creation or retention of jobs and
local economic development. Under the
504 Loan Program, 504 loans are made
to small businesses by Certified
Development Companies (‘‘CDCs’’), and
the 504 loans are funded with proceeds
from the sale of debentures issued by
CDCs and guaranteed by SBA. The
information collection that is approved
under OMB Control Number 3245–0071
facilitates the ongoing administration of
the 504 Loan Program. This information
collection currently consists of SBA
Form 1244, Application for Section 504
Loans; and SBA Form 2450, Eligibility
Information Required for 504
Submission (Non PCLP). SBA
recognizes that this information
collection needs to be modernized to
meet the needs of small business
applicants and CDCs. As a result, SBA
intends to make revisions to this
information collection that would
streamline the process and reduce
duplication for CDCs and the small
business applicants. These revisions
will result in SBA Form 2450 being
cancelled and its contents substantially
incorporated into SBA Form 1244.
Additionally, three of the forms
currently approved under OMB Control
Number 3245–0346 (Form 2234 (Part A),
Premier Certified Lenders Program
(PCLP) Guarantee Request; Form 2234
(Part B), Supplemental Information for
Premier Certified Lender Program
(PCLP) Processing; and Form 2234 (Part
C), Eligibility Information Required for
504 Submission (PCLP) will also be
incorporated into SBA Form 1244. SBA
is publishing a separate Federal
E:\FR\FM\13FEN1.SGM
13FEN1
jbell on DSKJLSW7X2PROD with NOTICES
8332
Federal Register / Vol. 85, No. 30 / Thursday, February 13, 2020 / Notices
Register notice regarding the revisions
to the information collection under
OMB Control Number 3245–0346.
Summary of changes to: OMB Control
Number 3245–0071:
1. SBA Form 1244, Application for
Section 504 Loans. This form is used by
all small businesses applying for 504
loans and all CDCs applying for SBA
guarantees of the debentures that are
sold by CDCs to fund 504 loans. The
SBA Form 1244 is currently used for all
types of 504 loan processing—the
Abridged Submission Method (‘‘ASM’’),
non-PCLP/ASM, and Premier Certified
Lenders Program (‘‘PCLP’’) processing.
As discussed below, SBA Form 2450 as
well as SBA Form 2234 (Parts A, B, C),
will be consolidated into this form.
Additional changes to SBA Form 1244
are intended to provide greater clarity
for small business applicants using the
Eligible Passive Company/Operating
Company (EPC/OC) structure, as
described in 13 CFR 120.111, that are
owned by Employee Stock Ownership
Plans; or are funded by 401(k) plans.
2. SBA Form 2450, Eligibility
Information Required for 504
Submission (Non PCLP). Currently, this
form is used by non-PCLP CDCs,
including those CDCs using ASM
processing, and is submitted in
conjunction with the SBA Form 1244.
The SBA Form 2450 is an eligibility
checklist submitted by the CDC that
allows SBA to determine the eligibility
of the small business applicant and the
504 loan. SBA will be incorporating the
content of the SBA Form 2450 into SBA
Form 1244 and discontinuing the SBA
Form 2450. The information that SBA
will be collecting will remain
substantially unchanged; however, the
way in which the information is
submitted will be revised. In some
cases, the information will be submitted
as part of the CDC’s credit
memorandum, which is currently an
exhibit to the SBA Form 1244. In other
cases, the information will be submitted
as a new exhibit to the SBA Form 1244.
3. SBA Form 2234 (Part A), Premier
Certified Lenders Program (PCLP)
Guarantee Request. This form is used for
PCLP processing only, and serves as a
cover sheet for the SBA Form 2234 (Part
B) and SBA Form 2234 (Part C). To the
extent that the information collected on
this form is not already collected on the
current SBA Form 1244, it will be
incorporated into the SBA Form 1244,
and the SBA Form 2234 (Part A) will be
discontinued.
4. Form 2234 (Part B), Supplemental
Information for Premier Certified Lender
Program (PCLP) Processing. This form is
used for PCLP processing only, and it
collects quantifiable metrics for the 504
VerDate Sep<11>2014
18:34 Feb 12, 2020
Jkt 250001
loan application. To the extent that the
information collected on this form is not
already collected on the current SBA
Form 1244, it will be incorporated into
the SBA Form 1244, and the SBA Form
2234 (Part B) will be discontinued.
5. SBA Form 2234 (Part C), Eligibility
Information Required for 504
Submission (PCLP). Currently, this form
is used for PCLP processing only. The
SBA Form 2234 (Part C) is an eligibility
checklist that allows a PCLP CDC to
determine and certify to SBA the
eligibility of the small business
applicant and the 504 loan. SBA will be
discontinuing this form and
incorporating its content into the SBA
Form 1244. The requested information
will remain substantially unchanged. In
some cases, the information will be
submitted as part of the CDC’s credit
memorandum, which is currently an
exhibit to the SBA Form 1244. In other
cases, the information will be submitted
as a new exhibit to the SBA Form 1244.
Solicitation of Public Comments
SBA is requesting comments on (i)
whether the collection of information is
necessary for the agency to properly
perform its functions; (ii) whether the
burden estimates are accurate; (iii)
whether there are ways to minimize the
burden, including through the use of
automated techniques or other forms of
information technology; and (iv)
whether there are ways to enhance the
quality, utility, and clarity of the
information.
Summary of Proposed Information
Collection:
Title: Application for Section 504
Loans.
Form Number: SBA Form 1244,
Application for Section 504 Loans.
OMB Control Number: 3245–0071.
Description of Respondents: Small
business concerns applying for 504
loans and CDCs applying for guarantees
of debentures to fund 504 loans.
Total Estimated Number of
Respondents Annually: 7210.
208 CDCs and approximately 5,800
small businesses based on the average
number of applications received by SBA
in FY19 5,829 using the PCLP, ASM and
non-PCLP/ASM methods. Of the 5,800
applications submitted, 23 or 0.39% are
PCLP processed, 4,621 or 80% are ASM,
and 1,156 or 20% are non-PCLP/ASM.
Frequency of Response Annually: 1
per each small business applicant.
Total Estimated Annual Responses:
5,800.
Total Estimated Annual Hour Burden:
13,159.
Submission through the PCLP—23 ×
3.25 hours = 74.75 burden hours.
PO 00000
Frm 00088
Fmt 4703
Sfmt 4703
Submission through the ASM—4,621 ×
2.25 hours = 10,397 burden hours.
Submission through non-PCLP/ASM—
1,097 × 2.45 hours = 2,687 burden
hours.
Curtis Rich,
Management Analyst.
[FR Doc. 2020–02869 Filed 2–12–20; 8:45 am]
BILLING CODE P
SMALL BUSINESS ADMINISTRATION
Data Collection Available for Public
Comments
60-Day notice and request for
comments.
ACTION:
The Small Business
Administration (SBA) intends to request
approval from the Office of Management
and Budget (OMB) for the collection of
information described below. The
Paperwork Reduction Act (PRA)
requires federal agencies to publish a
notice in the Federal Register
concerning each proposed collection of
information before submission to OMB,
and to allow 60 days for public
comment in response to the notice.
DATES: Submit comments on or before
April 13, 2020.
ADDRESSES: Send all comments to Mary
Frias, Loan Specialist, Office of
Financial Assistance, Small Business
Administration, 409 3rd Street SW,
Washington, DC 20416.
FOR FURTHER INFORMATION CONTACT:
Mary Frias, Loan Specialist, Office of
Financial Assistance, mary.frias@
sba.gov, (202) 401–8234, or Curtis B.
Rich, Management Analyst, (202) 205–
7030, curtis.rich@sba.gov.
SUPPLEMENTARY INFORMATION: This
information collection consists of SBA
Form 2233, PCLP Quarterly Loan Loss
Reserve Report; Form 2234 (Part A),
Premier Certified Lenders Program
(PCLP) Guarantee Request; Form 2234
(Part B), Supplemental Information for
Premier Certified Lender Program
(PCLP) Processing; and Form 2234 (Part
C), Eligibility Information Required for
504 Submission (PCLP). SBA is
proposing to revise this collection by
cancelling Form 2234 and making minor
edits to Form 2233.
Form 2233 will continue to be used
by PCLP Certified Development
Companies (PCLP CDCs) to report their
quarterly loan loss reserves. SBA has
made a few changes to the form relating
to whether PCLP CDCs are using the
Declining Balance Methodology in
calculating its LLRF balances. This
change ensures consistency with recent
regulatory amendments in SBA’s
SUMMARY:
E:\FR\FM\13FEN1.SGM
13FEN1
]]>Agencies
[Federal Register Volume 85, Number 30 (Thursday, February 13, 2020)]
[Notices]
[Pages 8331-8332]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-02869]
=======================================================================
-----------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION
Data Collection Available for Public Comments
ACTION: 60-day notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Small Business Administration (``SBA'') intends to request
approval from the Office of Management and Budget (``OMB'') for the
collection of information authorized under OMB Control Number 3245-
0071. The Paperwork Reduction Act (``PRA'') requires federal agencies
to publish a notice in the Federal Register concerning each proposed
collection of information before submission to OMB, and to allow 60
days for public comment in response to the notice.
DATES: Submit comments on or before April 13, 2020.
ADDRESSES: Send all comments to Mary Frias, Loan Specialist, Office of
Financial Assistance, Small Business Administration, 409 3rd Street,
8th Floor, Washington, DC 20416.
FOR FURTHER INFORMATION CONTACT: Mary Frias, Loan Specialist, Office of
Financial Assistance, (202) 401-8234, [email protected], or Curtis B.
Rich, Management Analyst, (202) 205-7030, [email protected].
SUPPLEMENTARY INFORMATION: The 504 Loan Program is an SBA financing
program authorized under Title V of the Small Business Investment Act
of 1958, 15 U.S.C. 695 et seq. The core mission of the 504 Loan Program
is to provide long-term financing to eligible small businesses for the
purchase or improvement of land, buildings, and major equipment in an
effort to facilitate the creation or retention of jobs and local
economic development. Under the 504 Loan Program, 504 loans are made to
small businesses by Certified Development Companies (``CDCs''), and the
504 loans are funded with proceeds from the sale of debentures issued
by CDCs and guaranteed by SBA. The information collection that is
approved under OMB Control Number 3245-0071 facilitates the ongoing
administration of the 504 Loan Program. This information collection
currently consists of SBA Form 1244, Application for Section 504 Loans;
and SBA Form 2450, Eligibility Information Required for 504 Submission
(Non PCLP). SBA recognizes that this information collection needs to be
modernized to meet the needs of small business applicants and CDCs. As
a result, SBA intends to make revisions to this information collection
that would streamline the process and reduce duplication for CDCs and
the small business applicants. These revisions will result in SBA Form
2450 being cancelled and its contents substantially incorporated into
SBA Form 1244. Additionally, three of the forms currently approved
under OMB Control Number 3245-0346 (Form 2234 (Part A), Premier
Certified Lenders Program (PCLP) Guarantee Request; Form 2234 (Part B),
Supplemental Information for Premier Certified Lender Program (PCLP)
Processing; and Form 2234 (Part C), Eligibility Information Required
for 504 Submission (PCLP) will also be incorporated into SBA Form 1244.
SBA is publishing a separate Federal
[[Page 8332]]
Register notice regarding the revisions to the information collection
under OMB Control Number 3245-0346.
Summary of changes to: OMB Control Number 3245-0071:
1. SBA Form 1244, Application for Section 504 Loans. This form is
used by all small businesses applying for 504 loans and all CDCs
applying for SBA guarantees of the debentures that are sold by CDCs to
fund 504 loans. The SBA Form 1244 is currently used for all types of
504 loan processing--the Abridged Submission Method (``ASM''), non-
PCLP/ASM, and Premier Certified Lenders Program (``PCLP'') processing.
As discussed below, SBA Form 2450 as well as SBA Form 2234 (Parts A, B,
C), will be consolidated into this form. Additional changes to SBA Form
1244 are intended to provide greater clarity for small business
applicants using the Eligible Passive Company/Operating Company (EPC/
OC) structure, as described in 13 CFR 120.111, that are owned by
Employee Stock Ownership Plans; or are funded by 401(k) plans.
2. SBA Form 2450, Eligibility Information Required for 504
Submission (Non PCLP). Currently, this form is used by non-PCLP CDCs,
including those CDCs using ASM processing, and is submitted in
conjunction with the SBA Form 1244. The SBA Form 2450 is an eligibility
checklist submitted by the CDC that allows SBA to determine the
eligibility of the small business applicant and the 504 loan. SBA will
be incorporating the content of the SBA Form 2450 into SBA Form 1244
and discontinuing the SBA Form 2450. The information that SBA will be
collecting will remain substantially unchanged; however, the way in
which the information is submitted will be revised. In some cases, the
information will be submitted as part of the CDC's credit memorandum,
which is currently an exhibit to the SBA Form 1244. In other cases, the
information will be submitted as a new exhibit to the SBA Form 1244.
3. SBA Form 2234 (Part A), Premier Certified Lenders Program (PCLP)
Guarantee Request. This form is used for PCLP processing only, and
serves as a cover sheet for the SBA Form 2234 (Part B) and SBA Form
2234 (Part C). To the extent that the information collected on this
form is not already collected on the current SBA Form 1244, it will be
incorporated into the SBA Form 1244, and the SBA Form 2234 (Part A)
will be discontinued.
4. Form 2234 (Part B), Supplemental Information for Premier
Certified Lender Program (PCLP) Processing. This form is used for PCLP
processing only, and it collects quantifiable metrics for the 504 loan
application. To the extent that the information collected on this form
is not already collected on the current SBA Form 1244, it will be
incorporated into the SBA Form 1244, and the SBA Form 2234 (Part B)
will be discontinued.
5. SBA Form 2234 (Part C), Eligibility Information Required for 504
Submission (PCLP). Currently, this form is used for PCLP processing
only. The SBA Form 2234 (Part C) is an eligibility checklist that
allows a PCLP CDC to determine and certify to SBA the eligibility of
the small business applicant and the 504 loan. SBA will be
discontinuing this form and incorporating its content into the SBA Form
1244. The requested information will remain substantially unchanged. In
some cases, the information will be submitted as part of the CDC's
credit memorandum, which is currently an exhibit to the SBA Form 1244.
In other cases, the information will be submitted as a new exhibit to
the SBA Form 1244.
Solicitation of Public Comments
SBA is requesting comments on (i) whether the collection of
information is necessary for the agency to properly perform its
functions; (ii) whether the burden estimates are accurate; (iii)
whether there are ways to minimize the burden, including through the
use of automated techniques or other forms of information technology;
and (iv) whether there are ways to enhance the quality, utility, and
clarity of the information.
Summary of Proposed Information Collection:
Title: Application for Section 504 Loans.
Form Number: SBA Form 1244, Application for Section 504 Loans.
OMB Control Number: 3245-0071.
Description of Respondents: Small business concerns applying for
504 loans and CDCs applying for guarantees of debentures to fund 504
loans.
Total Estimated Number of Respondents Annually: 7210.
208 CDCs and approximately 5,800 small businesses based on the
average number of applications received by SBA in FY19 5,829 using the
PCLP, ASM and non-PCLP/ASM methods. Of the 5,800 applications
submitted, 23 or 0.39% are PCLP processed, 4,621 or 80% are ASM, and
1,156 or 20% are non-PCLP/ASM.
Frequency of Response Annually: 1 per each small business
applicant.
Total Estimated Annual Responses: 5,800.
Total Estimated Annual Hour Burden: 13,159.
Submission through the PCLP--23 x 3.25 hours = 74.75 burden hours.
Submission through the ASM--4,621 x 2.25 hours = 10,397 burden hours.
Submission through non-PCLP/ASM--1,097 x 2.45 hours = 2,687 burden
hours.
Curtis Rich,
Management Analyst.
[FR Doc. 2020-02869 Filed 2-12-20; 8:45 am]
BILLING CODE P
