[Federal Register Volume 85, Number 245 (Monday, December 21, 2020)]
[Notices]
[Page 83140]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-28075]


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SMALL BUSINESS ADMINISTRATION


Data Collection Available for Public Comments

ACTION: 60-Day notice and request for comments.

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SUMMARY: 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. This notice complies with that requirement.

DATES: Submit comments on or before February 19, 2021.

ADDRESSES: Send all comments to Kelly Templeton Financial Analyst, 
Office of Portfolio Management and Office of Financial Program 
Operations, Small Business Administration.

FOR FURTHER INFORMATION CONTACT: Kelly Templeton Financial Analyst, 
Office of Portfolio Management and Office of Financial Program 
Operations, phone number 1-800-736-6048 extension 7194 or 
[email protected], or Curtis B. Rich, Management Analyst, 
[email protected].

SUPPLEMENTARY INFORMATION: SBA has authority under SOP 50 52 to request 
documentation to support loan servicing requests from borrowers or 
guarantors in SBA's disaster loan program. The requested documentation 
provided by debtors is a prerequisite to such servicing actions. SBA 
uses the information in making a determination regarding the repayment 
and or change of the loan and other liquidation proceedings, including 
litigation by the Agency and/or the Department of Justice.
    Solicitation of Public Comments: SBA is requesting comments 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 Collection

    Titles:

1. Assumption Requirements Letter
2. Collateral Release Requirements Letter
3. Liquidation Hardship Relief Requirements Letter
4. Offer in Compromise Requirements Letter
5. Release of Guarantor Requirements Letter
6. Subordination Requirements Letter
7. Substitution of Collateral Requirements Letter
8. Substitution of Guarantor Requirements Letter
9. Work-Out Relief Requirements Letter

    Description of Respondents: Debtors in SBA Disaster Loan Program.
    Total Estimated Number of Respondents: 15,000.
    Total Estimated Annual Responses: 15,000.
    Total Estimated Annual Hour Burden: 5,000.

Curtis Rich,
Management Analyst.
[FR Doc. 2020-28075 Filed 12-18-20; 8:45 am]
BILLING CODE 8026-03-P