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

ICR 202201-3245-006

OMB: 3245-0407

Federal Form Document

ICR Details
3245-0407 202201-3245-006
Received in OIRA 202107-3245-002
Paycheck Protection Loan Program Borrower Information Form and Lender's Application for Loan Guaranty
Extension without change of a currently approved collection   No
Regular 01/31/2022
  Requested Previously Approved
36 Months From Approved 01/31/2022
44,384,854 44,384,854
12,947,044 12,947,044
588,987,013 565,596,195

Section 7(a) of the Small Business Act (15 U.S.C. 636) authorizes the Small Business Administration to guarantee loans made by banks or other financial institutions to qualified small businesses in the 7(a) Loan Program. The regulations covering this loan program at 13 CFR Part 120 require loan applicants and lenders to provide certain information that is used to determine program eligibility and compliance. CARES Act PL 116-136 will also cover this program.


Not associated with rulemaking

  86 FR 68525 12/02/2021
87 FR 4322 01/27/2022

  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 44,384,854 44,384,854 0 0 0 0
Annual Time Burden (Hours) 12,947,044 12,947,044 0 0 0 0
Annual Cost Burden (Dollars) 588,987,013 565,596,195 0 23,390,818 0 0

Adrienne Grierson 202 205-6573 [email protected]


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.

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