[Federal Register Volume 86, Number 186 (Wednesday, September 29, 2021)]
[Notices]
[Page 54006]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-21083]


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SMALL BUSINESS ADMINISTRATION


Reporting and Recordkeeping Requirements Under OMB Review

AGENCY: U.S. Small Business Administration.

ACTION: 30-Day notice; request for comments.

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SUMMARY: The Small Business Administration will submit the information 
collection described below to the Office of Management and Budget (OMB) 
for review and clearance in accordance with the Paperwork Reduction Act 
of 1995, on or after the date of publication of this notice. SBA is 
publishing this notice to allow all interested member of the public an 
additional 30 days to provide comments on the collection of 
information.

DATES: Submit comments on or before October 29, 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, which are provided 
below.

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

SUPPLEMENTARY INFORMATION: Section 1102 of the Coronavirus Aid, Relief, 
and Economic Security (CARES) Act, Public Law 116-136, 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 COVID-19 Emergency. SBA's authority to 
guarantee PPP loans expired on August 8, 2020. On December 27, 2020, 
SBA received reauthorization under the Economic Aid Act, Public Law 
116-260, to resume guaranteeing PPP loans through March 31, 2021. The 
Economic Aid Act authorized certain borrowers that previously received 
a PPP loan to receive a second draw PPP loan (``Second Draw PPP Loan 
Program''). On March 11, 2021, the American Rescue Plan Act, Public Law 
117-2, was enacted, amending various PPP statutory provisions. On March 
30, 2021, the PPP Extension Act of 2021 extended the SBA's PPP program 
authority through June 30, 2021.
    This information collection is currently approved for the Second 
Draw PPP Loan Program under the emergency procedures authorized by 5 
U.S.C. 3507(j) and 5 CFR 1320.13. This approval will expire on 
September 30, 2021. Therefore, as required by the Paperwork Reduction 
Act, SBA is publishing this notice as a prerequisite to seeking OMB's 
approval to ensure this information collection is available for use 
beyond September 30, 2021, if necessary.

Summary of Information Collection

    Title: Paycheck Protection Loan Program--Second Draw.
    OMB Control Number: 3245-0417.

(I) SBA Form 2483-D, Paycheck Protection Program Second Draw 
Application

    Estimated Number of Respondents: 1,795,000.
    Estimated Annual Responses: 1,795,000.
    Estimated Annual Hour Burden: 239,393.

(II) SBA Form 2483-SD-C--Paycheck Protection Program Second Draw 
Application for Schedule C Filers Using Gross Income

    Estimated Number of Respondents: 1,118,000.
    Estimated Annual Responses: 1,118,000.
    Estimated Annual Hour Burden: 149,061.

(III) SBA Form 2484-SD--Paycheck Protection Program Second Draw 
Lender's Application for 7(A) Guaranty

    Estimated Number of Respondents: 5,506.
    Estimated Annual Responses: 2,913,000.
    Estimated Annual Hour Burden: 1,213,919.

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 SBA's 
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 collection burden on those who 
are required to respond.

Curtis Rich,
Management Analyst.
[FR Doc. 2021-21083 Filed 9-28-21; 8:45 am]
BILLING CODE 8026-03-P