Emergency Request

3245-0407 Emergency Request _1st Draw_ 3-18-2021.pdf

Paycheck Protection Loan Program Borrower Information Form and Lender's Application for Loan Guaranty

Emergency Request

OMB: 3245-0407

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March 18, 2021
Susan Minson
SBA Desk Officer
Office of Management and Budget
Dear Ms. Minson:
Pursuant to the Office of Management and Budget (OMB) procedures in 5 CFR Part 1320,
SBA requests emergency review of revisions to the collection of information for the
Paycheck Protection Program Loan Program (PPP), OMB Control Number 3245-0407.
This information collection is currently approved under emergency proceedings until
September 30, 2021. This request for emergency processing, includes a request for waiver
of the requirement to publish the 60-day and 30-day public comment notices in the Federal
The revisions to the PPP information collection are necessary to implement amendments to
the program as set out in a pending interim final rule titled, Business Loan Program
Temporary Changes; Paycheck Protection Program as amended by American Rescue Plan
Act. (RIN: 3245-AH-77). The revisions being submitted at this time reflect the
amendments that expanded eligibility for PPP Loans, and provided that a borrower that
receives a PPP loan after December 27, 2020, can be approved for a Shuttered Venue
Operator Grant under certain conditions.
The authority for the PPP expires on March 31, 2021. Therefore, given the urgent need to
make the revised information collection available to the affected small businesses before
this date, SBA cannot comply with the standard review and approval procedures.
Accordingly, SBA is requesting that OMB review and approve the revised information
collection under the emergency procedures set forth in 5 CFR 1320.13.
We appreciate your consideration of this request. Please let us know if you have any


Digitally signed by JI KIM
Date: 2021.03.18 13:28:46 -04'00'

Jihoon Kim
Office of Financial Program Operations

File Typeapplication/pdf
AuthorKeri Pessagno
File Modified2021-03-18
File Created2021-03-18

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