View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 3245-0414	ICR Reference No: 202106-3245-004
Status: Historical Active	Previous ICR Reference No: 202011-3245-003
Agency/Subagency: SBA	Agency Tracking No:
Title: CARES ACT Section 1112 Gross Loan Payment
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/31/2021
	Date Received in OIRA: 06/30/2021
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2024	36 Months From Approved	08/31/2021
Responses	35,580	0	48,000
Time Burden (Hours)	9,142	0	12,333
Cost Burden (Dollars)	291,756	0	355,200

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	35,580	48,000	-12,420
Annual Time Burden (Hours)	9,142	12,333	-3,191
Annual Cost Burden (Dollars)	291,756	355,200	-63,444

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

Burden Increase Due to:

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

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The burden hours on the emergency request was for 12,000 hours based on the estimated number of Lenders that are participating in the PPP loan program. The requested burden hours of 9,142 are based on the actual number of respondents that submitted the Section 1112 Gross Loan Payment Template.

Annual Cost to Federal Government:

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]? Yes

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? Yes

Agency Contact: Mary Frias 202 401-8234 mary.frias@sba.gov

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