[Federal Register Volume 89, Number 55 (Wednesday, March 20, 2024)]
[Notices]
[Pages 19944-19945]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-05841]


=======================================================================
-----------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION


Data Collection Available for Public Comments

ACTION: 60-Day notice and request for comments.

-----------------------------------------------------------------------

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) of 1995, 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 May 20, 2024.

ADDRESSES: Email all comments to: Teresa Lopez, Office of Financial 
Program Operations, Small Business Administration, at 
[email protected].

FOR FURTHER INFORMATION CONTACT: Adrienne Grierson, Deputy Director 
Office of Financial Program Operations, 202-205-6573, 
[email protected] or Curtis B. Rich, Agency Clearance Officer, 
202-205-7030, [email protected].

SUPPLEMENTARY INFORMATION: SBA Form 1149, Lenders Transcript of Account 
is completed by Lenders when requesting SBA to purchase the guaranty 
portion of a loan. At that time, Lenders are required to supply the 
Agency with a certified transcript of the loan account. SBA Form 1149 
is a uniform and convenient means for lenders to report and certify 
loan accounts to purchase by SBA. The Agency uses the information to 
determine date of loan default and whether Lender disbursed and 
serviced the loan according to Loan Guaranty agreement.
    SBA has determined that the current information does not adequately 
meet its needs at the time of guaranty purchase review since the form 
does not collect enough details about the type of loan payments. 
Accordingly, SBA changed the column titled ``DEFERMENT'' to ``TYPE OF 
PAYMENT.''
    SBA also plans to revise and clarify the instructions for the Form 
1149 to ensure the lenders will be aware of the information to be 
reported. Lastly, the Form 1149 may undergo additional formatting 
changes to make it easier to address mandatory Federal government 508 
accessibility compliance.
    This non-substantive change will likely not have a significant 
impact on the burden. SBA is requesting a 3-year renewal.

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 using 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

    Title: Lenders Transcript of Account.
    Form Numbers: SBA Form 1149.
    OMB Control Number: 3245-0132.
    Description of Respondents: SBA Lenders.
    Estimated Number of Respondents: 15,000.

[[Page 19945]]

    Frequency of Response per Respondent: 1.
    Total Estimated Annual Responses: 15,000.
    Total Estimated Annual Hour Burden: 2 hours per respondent, for a 
total of 30,000 hours.

Curtis Rich,
Agency Clearance Officer.
[FR Doc. 2024-05841 Filed 3-19-24; 8:45 am]
BILLING CODE 8026-09-P