60-Day notice and request for comments.
The Small Business Administration (SBA) intends to request approval, from the Office of Management and Budget (OMB) for the collection of information described below. The Paperwork Reduction Act (PRA) requires federal agencies to publish a notice in the Federal Register concerning each proposed collection of information before submission to OMB, and to allow 60 days for public comment in response to the notice. This notice complies with that requirement.
Submit comments on or before January 8, 2021.
Send all comments to, Susan Streich, Director, Office of Credit Risk Management, Small Business Administration, 409 3rd Street, 7th Floor, Washington, DC 20416.
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FOR FURTHER INFORMATION CONTACT:
Susan Streich, Director, Office of Credit Risk Management 202-205-6641, firstname.lastname@example.org or Curtis B. Rich, Management Analyst, 202-205-7030, email@example.com.
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Small Business Lending Companies (SBLCs) and Non-federally regulated lenders (NFRLs). NFRL'S are non-depository lending institutions authorized by SBA primarily to make loans under section 7(a) of the Small Business Act. As sole regulator of these institutions, SBA requires them to submit audited financial statements annually as well as interim, quarterly financial statements and other reports to facilitate the Agency's oversight of these lenders.
Solicitation of Public Comments
SBA is requesting comments on (a) Whether the collection of information is necessary for the agency to properly perform its functions; (b) whether the burden estimates are accurate; (c) whether there are ways to minimize the burden, including through the use of automated techniques or other forms of information technology; and (d) whether there are ways to enhance the quality, utility, and clarity of the information.
Summary of Information Collection
Title of Collection: Reports to SBA Provisions of 13 CFR 120.464.
Description of Respondents: Small Business Lending Companies (SBLCs) and Non-federally regulated lenders (NFRLs).
Total Estimated Annual Responses: 594.
Total Estimated Annual Hour Burden: 7,110.
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[FR Doc. 2020-24770 Filed 11-6-20; 8:45 am]
BILLING CODE 8026-03-P