Application for COVID-19 Targeted Advance

OMB Control No:	ICR Reference No: 202101-3245-007
Status: Received in OIRA	Previous ICR Reference No:
Agency/Subagency: SBA	Agency Tracking No:
Title: Application for COVID-19 Targeted Advance
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Emergency	Approval Requested By: 01/15/2021
Date Submitted to OIRA: 01/15/2021

	Requested	Previously Approved
Expiration Date	6 Months From Approved
Responses	8,625,250	0
Time Burden (Hours)	4,312,625	0
Cost Burden (Dollars)	110,403,200	0

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Abstract: 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

Emergency Justfication: 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

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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 Application for COVID-19 Targeted Advance SBA Form 3514 Targeted EIDL Advance Application

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ICR Summary of Burden

	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	8,625,250	0	0	8,625,250	0	0
Annual Time Burden (Hours)	4,312,625	0	0	4,312,625	0	0
Annual Cost Burden (Dollars)	110,403,200	0	0	110,403,200	0	0

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

Burden Increase Due to: Miscellaneous Actions

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

Burden Reduction Due to:

Short Statement: New Request

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Annual Cost to Federal Government: $419,412,100

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? No

Agency Contact: Cynthia Pitts 202 205-6734 [email protected]

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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: 01/15/2021

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