[Federal Register Volume 89, Number 59 (Tuesday, March 26, 2024)]
[Notices]
[Pages 21165-21166]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-06421]


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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 May 28, 2024.

ADDRESSES: Send all comments to, Office of Capital Access, Office of 
Financial Assistance, 7(a) Loan Policy Division, Small Business 
Administration, Ginger Allen, at [email protected].

FOR FURTHER INFORMATION CONTACT: For further information, contact 
Ginger Allen, Chief, 7(a) Loan Policy Division, Office of Financial 
Assistance, Office of Capital Access, Small Business Administration, at 
(202) 205-7110 or [email protected], or Daniel Pische, Director, 
International Trade Finance, Office of International Trade, Small 
Business Administration, at (202) 205-7119 or [email protected]. 
The phone numbers above may also be reached by individuals who are deaf 
or hard of hearing, or who have speech disabilities, through the 
Federal Communications Commission's TTY-Based Telecommunications Relay 
Service teletype service at 711.
    Curtis B. Rich, Agency Clearance Officer [email protected] 202-
205-7030.

SUPPLEMENTARY INFORMATION: SBA is contemplating a new 7(a) Working 
Capital Pilot (WCP) Program within SBA's 7(a) Loan Programs. As part of 
the implementation of this program SBA has created a new addendum to 
SBA Form 1919, SBA Form 2534, ``7(a) Working Capital Pilot Program 
Addendum to SBA Form 1919'', to collect specific Applicant business 
information for the 7(a) WCP Program when a Lender submits a 7(a) WCP 
application for guaranty. The collection of this information assists in 
identifying Applicant businesses applying for the 7(a) WCP Program and 
pertinent information applicable to the pilot program. The form is 
comprised of questions that help identify the delivery method(s) of the 
7(a) WCP loan, gather data for asset-based 7(a) WCP loans regarding 
initial advance rates for accounts receivable and inventory, and 
whether 7(a) WCP loan proceeds will be used to refinance the Lender's 
same institution SBA Express loan(s). SBA Form 2534 must be completed 
by the Lender and the information from the form will be submitted to 
SBA electronically via SBA's electronic transmission (E-Tran) platform. 
Only one form will be submitted as part of an application. SBA expects 
most Lenders to collect the data through internal or third-party 
software platforms. Lenders must retain the form in the respective loan 
file.

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

[[Page 21166]]

there are ways to enhance the quality, utility, and clarity of the 
information.

Summary of Information Collection

    PRA Number: 3245-.
    Title: SBA Form 2534 ''7(a) Working Capital Pilot Program Addendum 
to SBA Form1919''.
    Description of Respondents: SBA 7(a) Lenders processing WCP Program 
Loans.
    Form Number: 2534.
    Total Estimated Annual Responses: 214.
    Total Estimated Annual Hour Burden: 17.83.

Curtis Rich,
Agency Clearance Officer.
[FR Doc. 2024-06421 Filed 3-25-24; 8:45 am]
BILLING CODE 8026-09-P