2023-19198. 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) 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 November 6, 2023.

ADDRESSES:

Send all comments to Marybeth Kerrigan, Financial Analyst, Secondary Markets Division, Office of Financial Assistance, Small Business Administration, Washington, DC 20416.

FOR FURTHER INFORMATION CONTACT:

Marybeth Kerrigan, Financial Analyst, Secondary Markets Division, Office of Financial Assistance, [e-mail] 202–205–7552, or Curtis B. Rich, Agency Clearance Officer, 202–205–7030, [e-mail];

SUPPLEMENTARY INFORMATION:

Small Business Administration collects this information from lenders who participate in the secondary market program. The information is used to facilitate and administer secondary market transactions in accordance with 15 U.S.C. 634(f)3 and to monitor the program for compliance with 15 U.S.C. 639(h).

Solicitation of Public Comments

SBA is removing duplicate sale data, reformatting sale data for ease of use, and amending sections for clarity. 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: 3245–0185.

Title: Secondary Participation Guaranty Agreement.

Description of Respondents: Small Business Lenders.

Form Number: SBA Forms 1502, 1086.

Total Estimated Annual Responses: 4,000.

Total Estimated Annual Hour Burden: 60,000.

Curtis Rich,

Agency Clearance Officer.