[Federal Register Volume 86, Number 34 (Tuesday, February 23, 2021)]
[Notices]
[Page 11042]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-03679]


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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 March 25, 2021.

ADDRESSES: Written comments and recommendations for this information 
collection request should be sent within 30 days of publication of this 
notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection request by selecting ``Small Business 
Administration''; ``Currently Under Review,'' then select the ``Only 
Show ICR for Public Comment'' checkbox. This information collection can 
be identified by title and/or OMB Control Number.

FOR FURTHER INFORMATION CONTACT: You may obtain a copy of the 
information collection and supporting documents from the Agency 
Clearance Office at [email protected]; (202) 205-7030, or from 
www.reginfo.gov/public/do/PRAMain.

SUPPLEMENTARY INFORMATION: Section 310(d)(1)(C)(i) of the Small 
Business Investment Act of 1958 requires Small Business Investment 
Companies (SBICs) to submit audited financial statements to SBA at 
least annually. SBA regulations at 13 CFR 107.630 requires the use of 
SBA Form 468 when submitting the financial statements and supporting 
documentation. The information collected is used to determine the 
creditworthiness of an SBIC when considering its leverage application 
and to monitor its financial condition after assistance is provided. 
The information is also used to evaluate an SBICs' compliance with 
certain regulations, such as the activity requirements in 13 CFR 
107.590 and the portfolio diversification requirements in 13 CFR 
107.740.

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.
    OMB Control Number: 3245-0063.
    Title: SBIC Financial Reports.
    SBA Form Number: 468.1, 468.2, 468.3, 468.4.
    Description of Respondents: Small Business Investment Companies.
    Estimated Number of Respondents: 406.
    Estimated Annual Responses: 1,000.
    Estimated Annual Hour Burden: 24,708.

Curtis Rich,
Management Analyst.
[FR Doc. 2021-03679 Filed 2-22-21; 8:45 am]
BILLING CODE 8026-03-P