Paycheck Protection Loan Program

Forms and Documents

Document Name	Status
Form SBA Form 2483-SD Paycheck Protection Loan Program Form and Instruction	Modified
3245-0417 Emergency Justification 2nd Draw 2-03-2021.pdf Supplementary Document	2021-03-03
3245-0417 PPP_SECOND DRAW Supporting Statement 3-2-2021.docx Supporting Statement A	2021-03-03
3245-New PPP Summary PPP Second Draw Authority 1-07-2021.docx Supplementary Document	2021-01-08

IC Document Collections

IC ID	Document Title	Status
245268	Paycheck Protection Loan Program Form and Instruction	Modified

ICR Details

OMB Control No: 3245-0417	ICR Reference No: 202103-3245-002
Status: Active	Previous ICR Reference No: 202101-3245-004
Agency/Subagency: SBA	Agency Tracking No:
Title: Paycheck Protection Loan Program
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Emergency	Approval Requested By: 03/03/2021
OIRA Conclusion Action: Approved with change	Conclusion Date: 03/03/2021
	Date Received in OIRA: 03/03/2021
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2021	6 Months From Approved	07/31/2021
Responses	5,200,000	0	5,200,000
Time Burden (Hours)	1,430,000	0	1,430,000
Cost Burden (Dollars)	48,256,000	0	47,840,000

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Abstract: To implement changes made under the Loan Amount and Eligibility Rule, SBA has developed a new application form, SBA Form 2483-SD-C, PPP Second Draw Application Form for Schedule C Filers Using Gross Income. Second Draw PPP Loan applicants who are Schedule C filers and elect to calculate their loan amount based on gross income will use this application form.

Emergency Justfication: March 2, 2021 Susan Minson SBA Desk Officer Office of Management and Budget Dear Ms. Minson: Pursuant to the Office of Management and Budget (OMB) procedures in 5 CFR Part 1320, SBA requests emergency review of revisions to the collection of information for the Paycheck Protection Program Second Draw Loan Program (PPP Second Draw). This information collection is currently approved under emergency proceedings until July 31, 2021 (OMB Control Number 3245-0417). This request for emergency processing, includes a request for waiver of the requirement to publish the 60-day and 30-day public comment notices in the Federal Register. The revisions to the PPP Second Draw information collection are necessary to implement changes to the program as set out in a pending interim final rule titled, Business Loan Program Temporary Changes; Paycheck Protection Program Revisions to Loan Amount Calculation and Eligibility” (Loan Amount and Eligibility Rule). This rule allows IRS Form 1040, Schedule C filers to calculate maximum loan amount using gross income; and removes the eligibility restrictions on certain small business owners who have non-financial fraud felony convictions, or who are delinquent on Federal student loans. In order to implement these changes, SBA has created a new application form specifically for the Schedule C filers (Form 2483-SD-C) and revised the existing PPP Second Draw Application Form (Form 2483-SD) and PPP Second Draw Lender’s Application for 7(a) Loan Guaranty (Form 2484-SD). The authority for the program expires on March 31, 2021. Therefore, given the urgent need to make the revised information collection available to the affected small businesses before this date, SBA cannot comply with the standard review and approval procedures. Accordingly, SBA is requesting that OMB review and approve the revised information collection under the emergency procedures set forth in 5 CFR 1320.13. We appreciate your consideration of this request. Please let us know if you have any questions. Sincerely, Jihoon Kim Director, Office of Financial Program Operations

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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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
Paycheck Protection Loan Program	SBA Form 2483-SD, SBA Form 2483-SD-C, SBA Form 2484-SD	PPP Borrower Application ,   PPP Borrower Application ,   PPP Lender Application

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ICR Summary of Burden

	Total Approved	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	5,200,000	5,200,000	0	0	0	0
Annual Time Burden (Hours)	1,430,000	1,430,000	0	0	0	0
Annual Cost Burden (Dollars)	48,256,000	47,840,000	0	416,000	0	0

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: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $33,216,000

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? Yes

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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: 03/03/2021

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