Form 1088 Nonsubstantive Change Memo

U.S. Small Business Administration

Washington, D.C. 20416

D ate: August 7, 2025

To: Susan Minson

SBA Desk Officer

Office of Information and Regulatory Affairs (OIRA)

Office of Management and Budget (OMB)

From: Daniel Pische

Director, Office of Financial Assistance

Office of Capital Access

U.S. Small Business Administration

Subject: Urgent PRA Non-Substantive Change Request for OMB Control #3245-0212

OMB Approval Date: 01/09/2024; Expiration Date: 01/31/2027

Summary of Request: SBA is requesting approval of a non-substantive change to update SBA Form 1088, Detached Assignment for U.S. Small Business Administration Loan Pool or Guaranteed Interest Certificate (OMB Control No. 3245-0212).

Description of Changes Requested: This request is needed to update the address for SBA’s Fiscal Transfer Agent (FTA) to their new location which is effective on August 18, 2025. The following updates were made to Form 1088:

1. On page 2 the address was updated to Guidehouse Inc., 75 Rockefeller Plaza, 10^th floor, New York, NY 10019.

2. On page 2 the name Guidehouse LLP was changed to Guidehouse Inc.

3. On page 6 we removed the SBA contact at the bottom of the page.

4. We updated each page with the date on the footer from 11-23 to 08-25.

These non-substantive changes to Form 1088 do not affect the burden hours or cost.