[Federal Register Volume 86, Number 68 (Monday, April 12, 2021)]
[Notices]
[Pages 19077-19078]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-07421]


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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 May 12, 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.

[[Page 19078]]


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: SBA has authority under 15 U.S.C. 634(b) and 
31 U.S.C. 3711 to compromise and settle debts owed to the Agency by 
borrowers or guarantors in SBA's loan programs. The financial 
information provided by debtors on SBA Form 770 is a prerequisite to 
such compromise or settlement. SBA uses the information in making a 
determination regarding the repayment and or compromise of the debts 
and other liquidation proceedings, including litigation by the Agency 
and/or the Department of Justice..

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: 3245-0012.
    Title: Financial Statement of Debtor.
    SBA Form Number: SBA Form 770.
    Description of Respondents: Debtors in SBA Loan Program.
    Estimated Number of Respondents: 5,000.
    Estimated Annual Responses: 5,000.
    Estimated Annual Hour Burden: 5,000.

Curtis Rich,
Management Analyst.
[FR Doc. 2021-07421 Filed 4-9-21; 8:45 am]
BILLING CODE 8026-03-P