[Federal Register Volume 85, Number 190 (Wednesday, September 30, 2020)]
[Notices]
[Pages 61795-61796]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-21571]


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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 October 30, 2020.

ADDRESSES: Comments should refer to the information collection by title 
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, [email protected].
    Copies: You may obtain a copy of the information collection and 
supporting documents from the Agency Clearance Officer.

SUPPLEMENTARY INFORMATION: Section 7(b) of the Small Business Act, 15 
U.S.C. 636, as amended, authorizes the Small Business Administration to 
make disaster loans to businesses and nonprofit organizations, 
including loans for economic injury. The Coronavirus Preparedness and 
Response Supplemental Appropriations Act, 2020, Public Law 116-123 
(March 6, 2020), amended the Small Business Act to make economic injury 
resulting from the current coronavirus pandemic (COVID-19) a disaster 
that is eligible for assistance under section 7(b) of the Small 
Business Act. The forms described below are used to collect information 
from eligible small businesses, including sole proprietors, independent 
contractors, and agricultural businesses, and also nonprofit 
organizations seeking financial assistance under this program.

Summary of Information Collection

    Title: Economic Injury Disaster Loan Application (EIDL) COVID-19.
    OMB Control Number: 3245-0406.
    Respondents: Small businesses, including sole proprietors, 
independent contractors, and agricultural businesses, and nonprofit 
organizations.

[[Page 61796]]

    Form Numbers: SBA Form 3501 through Form 3503.
    (i) Form 3501, EID-COVID19 Application.

Estimated number of respondents/responses: 17,000,000.
Estimated Response time 30 minutes.
Estimated annual hour burden = 8,500,000 hours.

    (ii) Form 3502--Economic Injury Disaster Loan Supporting 
Information.

Estimated number of respondents/responses: 17,000,000.
Estimated Response time: 1 hour.
Estimated annual hour burden: 17,000,000 hours.

    (iii) Form 3503--Self-Certification for Verification of Eligible 
Entity for Economic Injury Disaster Loan.
Estimated number of respondents/responses: 17,000,000.
Estimated Response time: 10 minutes.
Estimated annual hour burden: 2,833,333 hours.

Curtis Rich,
Management Analyst.
[FR Doc. 2020-21571 Filed 9-29-20; 8:45 am]
BILLING CODE 8026-03-P