Application for COVID-19 Targeted Advance

ICR 202104-3245-003

OMB: 3245-0419

Federal Form Document

IC Document Collections
ICR Details
3245-0419 202104-3245-003
Received in OIRA 202101-3245-007
SBA
Application for COVID-19 Targeted Advance
No material or nonsubstantive change to a currently approved collection   No
Emergency 01/15/2021
04/09/2021
  Requested Previously Approved
07/31/2021 07/31/2021
8,859,000 8,625,250
4,429,500 4,312,625
113,395,200 110,403,200

The information will be collected from small businesses and nonprofits that are eligible to apply for a COVID-19 Targeted Advance. SBA’s Office of Disaster Assistance (ODA) will use the information in determining whether to approve or disapprove the application
January 14, 2021 U.S. SMALL BUSINESS ADMINISTRATION WASHINGTON, D.C. 20416 Susan Minson OMB 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 a new collection of information that is required to implement the Targeted Economic Injury Disaster Loan (EIDL) Advance Program. SBA also requests a waiver from the requirement to publish the 60-day and 30-day public comment notices in the Federal Register. The Targeted EIDL Advance was recently authorized by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (“Economic Aid Act”), Pub. L. 116-260, Div. N, Title III, Sec. 331 (December 27, 2020), to provide additional Advance funds to entities that previously received an EIDL Advance of less than $10,000, to entities that applied but did not receive an Advance due to the unavailability of funding, and to new applicants, subject to the availability of funds. Given the current urgent need and to help mitigate harm to the affected small businesses, SBA requests approval of this new information collection by January 15, 2021. If this request for emergency processing is approved, SBA will subsequently take the necessary steps to comply with the notice requirements. SBA appreciates your prompt attention to this matter and looks forward to receiving your emergency approval. Sincerely, James E. Rivera Associate Administrator For Disaster Assistance

None
None

Not associated with rulemaking

No

1
IC Title Form No. Form Name
Application for COVID-19 Targeted Advance SBA Form 3514 COVID-19 TARGETED EIDL ADVANCE APPLICATION

  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 8,859,000 8,625,250 0 233,750 0 0
Annual Time Burden (Hours) 4,429,500 4,312,625 0 116,875 0 0
Annual Cost Burden (Dollars) 113,395,200 110,403,200 0 2,992,000 0 0
Yes
Miscellaneous Actions
No
Burden is the same as previously submitted

$419,412,100
No
    No
    No
Yes
No
No
No
Cynthia Pitts 202 205-6734 cynthia.pitts@sba.gov

  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.
04/09/2021


© 2024 OMB.report | Privacy Policy