Lender Certification for Reinstatement or Correction of Paycheck Protection Program (PPP) Loan

ICR 202201-3245-002

OMB: 3245-0415

Federal Form Document

ICR Details
3245-0415 202201-3245-002
Received in OIRA 202106-3245-001
SBA
Lender Certification for Reinstatement or Correction of Paycheck Protection Program (PPP) Loan
Reinstatement without change of a previously approved collection   No
Regular 01/20/2022
  Requested Previously Approved
36 Months From Approved
4,000 0
2,000 0
87,340 0

Lenders that cancelled a PPP loan in SBA’s ETRAN system due to the lender’s data input error or made a data input error in the SBA Loan Approval Amount of a PPP loan on ETRAN will use this form to request that the SBA Loan Approval Amount be corrected or that an erroneously cancelled loan be reinstated. SBA will use the information provided to evaluate the nature of the lender’s error and to determine whether the SBA Loan Approval Amount should be corrected or whether the loan should be reinstated.

None
None

Not associated with rulemaking

  86 FR 32499 06/29/2021
87 FR 2203 01/13/2022
No

  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 4,000 0 0 0 0 4,000
Annual Time Burden (Hours) 2,000 0 0 0 0 2,000
Annual Cost Burden (Dollars) 87,340 0 0 19,820 0 67,520
No
No

$364,920
No
    No
    No
Yes
No
No
No
Adrienne Grierson 202 205-6573 [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.
01/20/2022


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