[Federal Register Volume 89, Number 14 (Monday, January 22, 2024)]
[Notices]
[Pages 3979-3980]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-01096]


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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 March 22, 2024.

ADDRESSES: Send all comments by email to Tamara Jennings, Sr. Loan 
Specialist, Office of Financial Assistance, Small Business 
Administration at [email protected].

FOR FURTHER INFORMATION CONTACT: Tamara Jennings, Sr. Loan Specialist, 
(202) 205-6674, [email protected] or Curtis B. Rich, Agency 
Clearance Officer, (202) 205-7030, [email protected].

SUPPLEMENTARY INFORMATION: For SBA financial assistance programs, SBA 
Form 413 Personal Financial Statement (PFS) collects information 
regarding the assets and liabilities of certain owners, officers and 
guarantors of the small business applicant benefiting from such 
assistance and is used when analyzing the applicant's repayment 
abilities or creditworthiness. SBA's Surety Bond Guaranty Program uses 
the Form 413 PFS information during the claim recovery process. The 
information is also collected from applicants and participants in SBA's 
8(a) Business Development (BD) and Women-Owned Small Business (WOSB) 
Program certification process to determine

[[Page 3980]]

whether they meet the economic disadvantage requirements of the 
program.
    All program offices use the same Form 413. SBA plans to revise and 
clarify the instructions for the Form 413 to ensure the public will be 
aware of the specific submission process for each program office. SBA 
will update the Form 413 to include recent rule and policy updates 
related to its thresholds for inflation. Lastly, the Form 413 may 
undergo additional formatting changes to make it easier to address 
mandatory Federal government 508 accessibility compliance.

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

    OMB Control Number: 3245-0188.
    (1) Title: Personal Financial Statement.
    Description of Respondents: 7(a) and 504 loan Program applicants, 
Surety Bond Program recovery claimants, Disaster Loan Program business 
applicants 8(a)/BD and WOSB Program applicants.
    Form Number: SBA Form 413.
    Total Estimated Annual Responses: 251,934.
    Total Estimated Annual Hour Burden: 344,174.

Curtis Rich,
Agency Clearance Officer.
[FR Doc. 2024-01096 Filed 1-19-24; 8:45 am]
BILLING CODE 8026-09-P