Reports to SBA; Provisions of 13 CFR 120.472

Forms and Documents

Document Name	Status
3245-0077 Regulation 1-8-15.pdf Supplementary Document	2015-01-08
3245-0077 Supporting Statement 1-8-15.pdf Supporting Statement A	2015-01-08

IC Document Collections

IC ID	Document Title	Status
35628	Reports to SBA; Provisions of 13 CFR 120.472	Modified

ICR Details

OMB Control No: 3245-0077	ICR Reference No: 201501-3245-001
Status: Historical Active	Previous ICR Reference No: 200811-3245-001
Agency/Subagency: SBA	Agency Tracking No:
Title: Reports to SBA; Provisions of 13 CFR 120.472
Type of Information Collection: Reinstatement without change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 06/01/2015
	Date Received in OIRA: 01/20/2015
Terms of Clearance: The Small Business Administration should improve their monitoring of expiring information collections to avoid unnecessary reinstatement request and violation of the PRA. This collection should be reported as a violation in OMB's annual Information Collection Budget (ICB).

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2018	36 Months From Approved
Responses	170	0	0
Time Burden (Hours)	3,400	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: Small Business Lending Companies (SBLCs) and Non-Federally Regulated Lenders (NFRL'S) are generally non-depository lending institutions authorized by SBA primarily to make loans under section 7(a) of the Small Business Act. As sole regulator of these institutions, SBA requires them to submit audited financial statements annually as well as interim, quarterly financial statements and other reports to facilitate the Agency's oversight of these lenders.

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Authorizing Statute(s): US Code: 15 USC 650 Name of Law: Supervisory and Enforcement authority
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	78 FR 77194	12/20/2013
30-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 2768	01/20/2015
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Reports to SBA; Provisions of 13 CFR 120.472

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	170	0	0	98	0	72
Annual Time Burden (Hours)	3,400	0	0	-4,952	0	8,352
Annual Cost Burden (Dollars)	0	0	0	-617,143	0	617,143

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The burden adjustment is attributed to adjustment in the total time SBA Supervised Lenders spent in gathering and submitting the required data to SBA.

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Annual Cost to Federal Government:

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? Yes

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 01/20/2015

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