Restaurant Revitalization Fund Program Post Award Report

ICR 202207-3245-002

OMB: 3245-0424

Federal Form Document

Forms and Documents
IC Document Collections
ICR Details
3245-0424 202207-3245-002
Received in OIRA 202109-3245-001
SBA
Restaurant Revitalization Fund Program Post Award Report
Reinstatement without change of a previously approved collection   No
Regular 07/20/2022
  Requested Previously Approved
36 Months From Approved
101,104 0
65,653 0
1,844,541 0

SBA received funds under the American Rescue Plan Act of 2021 (ARP Act), Pub. L. 117-2, title V, sec. 5003 (March 11, 2021), to provide direct funds to Eating and Drinking establishments that meet certain conditions. Specifically, Section 5003 of the ARP Act establishes the Restaurant Revitalization Fund (RRF) program to provide direct funds of up to $10 million dollars and limited to $5 million dollars per location to certain eligible persons or entities: a restaurant, food stand, food truck, food cart, caterer, saloon, inn, tavern, bar, lounge, brewpub, tasting room, taproom, licensed facility or premise of a beverage alcohol producer where the public may taste, sample, or purchase products, or other similar place of business in which the public or patrons assemble for the primary purpose of being served food or drink. Section 5003(c)(6) of the ARP Act requires recipients to return to the Treasury any funds that the recipient did not use for allowable expenses by the end of the covered period, or if the recipient permanently ceased operations, not later than March 11, 2023. T

PL: Pub.L. 111 - 2 5003 Name of Law: Restaurant Revitalization Fund
  
None

Not associated with rulemaking

  87 FR 23907 04/21/2022
87 FR 43533 07/15/2022
No

1
IC Title Form No. Form Name
Restaurant Revitalization Fund Program Post Award Report, SBA Form 3173 RRF Post Award Report

  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 101,104 0 0 -30,202 0 131,306
Annual Time Burden (Hours) 65,653 0 0 2,526 0 63,127
Annual Cost Burden (Dollars) 1,844,541 0 0 140,189 0 1,704,352
Yes
Miscellaneous Actions
No
SBA has updated its hourly costs to reflect updates in the wages estimates from the Bureau of Labor Statistics, to reflect updates in the GS-Schedule wages for fiscal year 2022, and to adjust for computation of the annual hourly burden.

$366,620
No
    No
    No
No
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.
07/20/2022


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