[Federal Register Volume 89, Number 120 (Friday, June 21, 2024)]
[Notices]
[Page 52193]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-13683]


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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 July 22, 2024.

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.

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: This PRA submission is for SBA Form 770 (OMB 
Control No. 3245-0012), Financial Statement of Debtor. The primary 
purpose for collecting this information is to evaluate the debtor's 
financial capacity to repay the debt owed to the Agency and determine 
to what extent the Agency may compromise the debt, maximize recovery, 
and protect the interests of the Agency. Forms are to be completed and 
signed by the obligor and then submitted to the lender or Forms are to 
be completed and signed by the Borrower/Obligor and then submitted to 
the SBA Disaster Loan Servicing Center handling the account.

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.
    Description of Respondents: SBA Borrowers.
    SBA Form Number: SBA Form 770.
    Estimated Number of Respondents: 5,000.
    Estimated Annual Responses: 5,000.
    Estimated Annual Hour Burden: 5,000.

Curtis Rich,
Agency Clearance Officer.
[FR Doc. 2024-13683 Filed 6-20-24; 8:45 am]
BILLING CODE 8026-09-P