CARES Act Loan and Payroll
Support Programs for Air Carriers and Other Eligible
Businesses
No
material or nonsubstantive change to a currently approved
collection
No
Regular
09/15/2023
Requested
Previously Approved
04/30/2025
04/30/2025
2,801
2,801
11,902
11,902
0
0
The CARES Act authorizes the Secretary
of the Treasury to make loans, loan guarantees, and other
investments that do not exceed $500 billion in the aggregate to
provide liquidity to eligible businesses related to losses incurred
as a result of coronavirus. Section 4003(b)(1)-(3) authorizes the
Secretary to make loans and loan guarantees available to passenger
air carriers and cargo air carriers, as well as certain related
businesses, and businesses critical to maintaining national
security.
This submission is to renew the
OMB approval. The changes to burden since the previous approval are
for revising estimates related to PSP applications and agreements.
There are no programmatic changes since OMB previously reviewed and
approved the collection.
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.