Transaction Report on Loans Serviced by Lender

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form SBA Form 172 EP Transaction Report on Loans Serviced by Lender	Form and Instruction	Modified	Repair queued
3245-0131 Small Business Act pg 47 48 3-04-2021.pdf	Supplementary Document	Uploaded 2021-03-09	Repair queued
3245-0131 13 CFR Part 120 Subpart E 120.520 3-04-2021.pdf	Supplementary Document	Uploaded 2021-03-09	Missing upstream
3245-0131 US Code 636 Title 15 3-04-2021.pdf	Supplementary Document	Uploaded 2021-03-09	Repair queued
3245-0131 Authority SOP 50 57 Chapter 19 3-04-2021.pdf	Supplementary Document	Uploaded 2021-03-09	Repair queued
3245-0131 Form 172_Supporting Statement 3-04-2021.docx	Supporting Statement A	Uploaded 2021-03-09	Missing upstream

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
35683	Transaction Report on Loans Serviced by Lender	Form and Instruction	Modified

ICR Details

OMB Control No: 3245-0131	ICR Reference No: 202103-3245-005
Status: Received in OIRA	Previous ICR Reference No: 201804-3245-003
Agency/Subagency: SBA	Agency Tracking No:
Title: Transaction Report on Loans Serviced by Lender
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 03/09/2021

table that charts list comparision

	Requested	Previously Approved
Expiration Date	36 Months From Approved	05/31/2021
Responses	26,567	38,385
Time Burden (Hours)	4,428	6,398
Cost Burden (Dollars)	85,014	0

---

Abstract: SBA Form 172 is only used by lenders for loans that have been purchased by SBA and are being serviced by approved SBA lending partners. The lenders use the SBA Form 172 to report loan payment data to SBA on a monthly basis. The purpose of this reporting is to (1) show the remittance due SBA on a loan serviced by participating lending institutions (2) update the loan receivable balances.

---

Authorizing Statute(s): None

Citations for New Statutory Requirements: None

---

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

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 74484	11/20/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 74484	01/29/2021
Did the Agency receive public comments on this ICR? No

---

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

table that charts list of burden

IC Title	Form No.	Form Name
Transaction Report on Loans Serviced by Lender	SBA Form 172 EP, SBA Form 172	Electronic pay TRANSACTIONREPORT ON LOANSERVICED BY LENDER ,   TRANSACTION REPORT ON LOAN SERVICED BY LENDER

---

ICR Summary of Burden

table that charts list of burden

	Total Request	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	26,567	38,385	0	-11,818	0	0
Annual Time Burden (Hours)	4,428	6,398	0	-1,970	0	0
Annual Cost Burden (Dollars)	85,014	0	0	85,014	0	0

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: There has been a decrease in the burden hours due to a decline in the number of respondents (Lenders) and the number of reports submitted. Reported in 2018 as 6,389 and our current inventory is 4,428

---

Annual Cost to Federal Government: $123,054

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

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? No

---

Common Form ICR:  No

---

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: 03/09/2021

---