Information for Small Business Size Determination

Forms and Documents

Document Name	Status
Form SBA Form 355 Information of Small Business Size Determination Form and Instruction	Modified
3245-0101 Size 355 Supporting Statement Final Rule 2022-06-09-22.docx Supporting Statement A	2022-06-15

IC Document Collections

IC ID	Document Title	Status
190873	Information of Small Business Size Determination Form and Instruction	Modified

ICR Details

OMB Control No: 3245-0101	ICR Reference No: 202206-3245-003
Status: Received in OIRA	Previous ICR Reference No: 201912-3245-003
Agency/Subagency: SBA	Agency Tracking No:
Title: Information for Small Business Size Determination
Type of Information Collection: Reinstatement with change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 06/15/2022

	Requested	Previously Approved
Expiration Date	36 Months From Approved
Responses	590	0
Time Burden (Hours)	2,360	0
Cost Burden (Dollars)	67,732	0

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Abstract: The information provided in the form issued by SBA for a size determination of a business applying for assistance available to small businesses under any program administered by this Agency, or at the request of another Federal agency for purposes of its small business program . A small business is a concern which is independently owned and operated, not dominant in its field of operation, and does not exceed the size standard applicable to the procurement or program for which the business is seeking.

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Authorizing Statute(s): US Code: 15 USC 632(a)(2)(C)(II)(ii) Name of Law: Small Business Runway Extension Act of 2018
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3245-AH26	Final or interim final rulemaking	87 FR 34094	06/06/2022

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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

IC Title	Form No.	Form Name
Information of Small Business Size Determination	SBA Form 355	Information for Small Business Size Determination

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ICR Summary 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	590	0	0	15	0	575
Annual Time Burden (Hours)	2,360	0	0	60	0	2,300
Annual Cost Burden (Dollars)	67,732	0	0	67,732	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: No change in Burden

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Annual Cost to Federal Government: $89,869

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

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Common Form ICR:  No

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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: 06/15/2022

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