Personal Financial Statement

ICR 202111-3245-002

OMB: 3245-0188

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Justification for No Material/Nonsubstantive Change
2021-11-22
Supporting Statement A
2021-03-31
IC Document Collections
IC ID
Document
Title
Status
35715 Modified
ICR Details
3245-0188 202111-3245-002
Received in OIRA 202103-3245-013
SBA
Personal Financial Statement
No material or nonsubstantive change to a currently approved collection   No
Regular 11/22/2021
  Requested Previously Approved
05/31/2024 05/31/2024
241,934 241,934
361,640 361,640
9,760,319 9,760,319

The regulations for SBA's business loans and disaster loan programs require loan guarantors and individual owners of the small business applicant to submit information on their assets and liabilities to help determine applicant's creditworthiness and repayment ability. For the 8(a) Business Development (BD), Small Disadvantaged Business (SDB), and Women-Owned Small Business (WOSB) programs SBA collects the information from applicants and participants in those programs to determine whether they meet the economic disadvantage requirements to participate in these programs.

None
None

Not associated with rulemaking

  85 FR 77334 12/01/2020
86 FR 13601 03/09/2021
No

1
IC Title Form No. Form Name
Personal Financial Statement SBA Form 413 Spanish DECLARACIÓN FINANCIERA PERSONAL

  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 241,934 241,934 0 0 0 0
Annual Time Burden (Hours) 361,640 361,640 0 0 0 0
Annual Cost Burden (Dollars) 9,760,319 9,760,319 0 0 0 0
No
No

$1,366,420
No
    No
    No
No
No
No
No
Mary Frias 202 401-8234 [email protected]

  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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
11/22/2021


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