SBA will continue to use the previously approved collection without any new revisions. This will allow SBA time to discuss new modifications with appropriate offices within the agency, including the Privacy Officer.
Inventory as of this Action
Requested
Previously Approved
03/31/2020
36 Months From Approved
03/31/2019
46,638
0
2,831
11,660
0
708
0
0
0
Small Business Administration Form 700 provides a record of interviews conducted by SBA personnel with small business owners, homeowners and renters (disaster survivors) who seek financial assistance to help in the recovery from physical or economic disasters. The basic information collected helps the Agency to make preliminary eligibility assessment.
The annual burden information reported in number 13 and hours increased due to a change in ODAâs process. All applicants who apply for assistance through the Disaster Loan Application Portal now complete the Form 700.
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.