Federal Register - July 29, 2021
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Source: Federal Register
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Federal Register / Vol. 86, No. 143 / Thursday, July 29, 2021 / Notices
jbell on DSKJLSW7X2PROD with NOTICES
publication of this notice before submitting the information collection to the Office of Management and Budget OMB for review and approval.
DATES: Submit comments on or before September 27, 2021.
ADDRESSES: Comments should refer to the information collection by title or OMB Control Number 32450417 and submitted by the deadline above to:
PPP_Info_Collections@sba.gov.
FOR FURTHER INFORMATION CONTACT: You may obtain information including a copy of the forms and supporting documents from the Agency Clearance Officer, Curtis Rich, at 202 2057030, or curtis.rich@sba.gov, or from Adrienne Grierson, Program Manager, Office of Financial Program Operations, at 202
2056573, or adrienne.grierson@
sba.gov.
SUPPLEMENTARY INFORMATION:
Background Section 1102 of the Coronavirus Aid, Relief, and Economic Security CARES
Act, Public Law 116136, authorized SBA to guarantee loans made by banks or other financial institutions under a temporary program titled the Paycheck Protection Program PPP. These loans were available to eligible small businesses, certain non-profit organizations, veterans organizations, Tribal business concerns, independent contractors, and self-employed individuals adversely impacted by the COVID19 Emergency. SBAs authority to guarantee PPP loans expired on August 8, 2020. On December 27, 2020, SBA received reauthorization under the Economic Aid Act, Public Law 116260, to resume guaranteeing PPP loans through March 31, 2021. The Economic Aid Act also allowed certain eligible borrowers that previously received a PPP loan to receive a second draw PPP
loan Second Draw PPP Loan Program and amended certain other PPP statutory provisions. On March 11, 2021, the American Rescue Plan Act, Public Law 1172, was enacted, amending various PPP statutory provisions. On March 30, 2021, the PPP
Extension Act of 2021 was enacted, extending the SBAs PPP program authority through June 30, 2021.
This information collection is used for the Second Draw PPP Loan Program.
Since the initial approval of this information collection on January 8, 2021, the information collection has been amended twice to meet the everevolving needs of the PPP program, as necessitated by a statutory program amendments, public feedback, or other factors. The information collection is currently approved under the
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emergency procedures authorized by 5
U.S.C. 3507j and 5 CFR 1320.13; this approval is set to expire on September 30, 2021.
Although SBAs program authority has expired, this information collection may still be needed in connection with pending litigation. Therefore, as required by the Paperwork Reduction Act, SBA is publishing this notice as a prerequisite to seeking OMBs approval to use this information collection beyond September 30, 2021. There are no proposed changes to any of the forms.
Summary of Information Collection Title: Paycheck Protection Loan ProgramSecond Draw.
OMB Control Number: 32450417.
I SBA Form 2483Paycheck Protection Program Second Draw Application Estimated Number of Respondents:
2,103,200.
Estimated Annual Responses:
2,103,200.
Estimated Annual Hour Burden:
280,427.
II SBA Form 2483SDCPaycheck Protection Program Second Draw Application for Schedule C Filers Using Gross Income Estimated Number of Respondents:
501,800.
Estimated Annual Responses:
501,800.
Estimated Annual Hour Burden:
66,907.
III SBA FORM 2484SDPaycheck Protection Program Second Draw Lenders Application for 7A Guaranty Estimated Number of Respondents:
5,506.
Estimated Annual Responses:
2,605,000.
Estimated Annual Hour Burden:
1,085,417.
Solicitation of Public Comments SBA invites the public to submit comments, including specific and detailed suggestions on ways to improve the collection and reduce the burden on respondents. Commenters should also address i whether the information collection is necessary for the proper performance of SBAs functions, including whether it has any practical utility; ii the accuracy of the estimated burdens; iii ways to enhance the quality, utility, and clarity of the information to be collected; and iv the use of automated collection techniques or other forms of information technology to minimize the information
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collection burden on those who are required to respond.
Curtis Rich, Management Analyst.
FR Doc. 202116015 Filed 72821; 8:45 am BILLING CODE 802603P
SMALL BUSINESS ADMINISTRATION
Data Collection Available for Public Comments Small Business Administration 60-Day notice; request for comments.
AGENCY:
ACTION:
The Small Business Administration SBA is publishing this notice in compliance with the Paperwork Reduction Act PRA of 1995, as amended, to solicit public comments on the information collection described below. The PRA requires publication of this notice before submitting the information collection to the Office of Management and Budget OMB for review and approval.
DATES: Submit comments on or before September 27, 2021.
ADDRESSES: Comments should refer to the information collection by title or OMB Control Number 32450407 and submitted by the deadline above to:
PPP_Info_Collections@sba.gov.
FOR FURTHER INFORMATION CONTACT: You may obtain information including a copy of the forms and supporting documents from the Agency Clearance Officer, Curtis Rich, at 202 2057030, or curtis.rich@sba.gov, or from Adrienne Grierson, Program Manager, Office of Financial Program Operations, at 202
2056573, or adrienne.grierson@
sba.gov.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Background Section 1102 of the Coronavirus Aid, Relief, and Economic Security CARES
Act, Public Law 116136, authorized SBA to guarantee loans made by banks or other financial institutions under a temporary program titled the Paycheck Protection Program PPP. These loans were available to eligible small businesses, certain non-profit organizations, veterans organizations, Tribal business concerns, independent contractors, and self-employed individuals adversely impacted by the COVID19 Emergency. SBAs authority to guarantee PPP loans expired on August 8, 2020. On December 27, 2020, SBA received reauthorization under the Economic Aid Act, Public Law 116260, to resume guaranteeing PPP loans through March 31, 2021. The Economic
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