Federal Register notice 2021-16014: SBA discontinues PPP Forms 3509 and 3510 (86 FR 40894, July 29, 2021)
Summary
Federal Register page 40894 of July 29, 2021 carrying Small Business Administration 60-day notices that seek public comment on Paycheck Protection Program information collections, with comments due by September 27, 2021. SBA explains that its authority to guarantee PPP loans has expired, but OMB approval of the forms runs out on September 30, 2021 and the collections may still be needed in connection with pending litigation. It proposes no changes to the forms. The Second Draw collection lists an estimated 2,103,200 respondents for SBA Form 2483 and 501,800 for the Schedule C filer version, and a forgiveness application collection lists 591,180 respondents. The page also includes a Surface Transportation Board rail discontinuance notice.
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Cite this document
“Federal Register notice 2021-16014: SBA discontinues PPP Forms 3509 and 3510 (86 FR 40894, July 29, 2021).”
Original at www.govinfo.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/federal-register-notice-2021-16014-sba-discontinues-ppp-forms-3509-and-febfaf1759/
, SHA-256 0ad1c295f74dd84674a4167dba3988cbb44cd62b166d9f6257690c01924c86ed.Full text
40894 Federal Register / Vol. 86, No. 143 / Thursday, July 29, 2021 / Notices
publication of this notice before emergency procedures authorized by 5 collection burden on those who are
submitting the information collection to U.S.C. 3507(j) and 5 CFR 1320.13; this required to respond.
the Office of Management and Budget approval is set to expire on September
Curtis Rich,
(OMB) for review and approval. 30, 2021.
Although SBA’s program authority Management Analyst.
DATES: Submit comments on or before
has expired, this information collection [FR Doc. 2021–16015 Filed 7–28–21; 8:45 am]
September 27, 2021.
ADDRESSES: Comments should refer to may still be needed in connection with BILLING CODE 8026–03–P
the information collection by title or pending litigation. Therefore, as
OMB Control Number (3245–0417) and required by the Paperwork Reduction
Act, SBA is publishing this notice as a SMALL BUSINESS ADMINISTRATION
submitted by the deadline above to:
PPP_Info_Collections@sba.gov. prerequisite to seeking OMB’s approval Data Collection Available for Public
FOR FURTHER INFORMATION CONTACT: You to use this information collection Comments
may obtain information including a beyond September 30, 2021. There are
copy of the forms and supporting no proposed changes to any of the AGENCY: Small Business Administration
documents from the Agency Clearance forms. ACTION: 60-Day notice; request for
Officer, Curtis Rich, at (202) 205–7030, Summary of Information Collection comments.
or curtis.rich@sba.gov, or from Adrienne
Title: Paycheck Protection Loan SUMMARY: The Small Business
Grierson, Program Manager, Office of
Program—Second Draw. Administration (SBA) is publishing this
Financial Program Operations, at 202–
OMB Control Number: 3245–0417. notice in compliance with the
205–6573, or adrienne.grierson@
Paperwork Reduction Act (PRA) of
sba.gov. (I) SBA Form 2483—Paycheck 1995, as amended, to solicit public
SUPPLEMENTARY INFORMATION: Protection Program Second Draw comments on the information collection
Application described below. The PRA requires
Background
Estimated Number of Respondents: publication of this notice before
Section 1102 of the Coronavirus Aid, 2,103,200. submitting the information collection to
Relief, and Economic Security (CARES) Estimated Annual Responses: the Office of Management and Budget
Act, Public Law 116–136, authorized 2,103,200. (OMB) for review and approval.
SBA to guarantee loans made by banks Estimated Annual Hour Burden: DATES: Submit comments on or before
or other financial institutions under a 280,427. September 27, 2021.
temporary program titled the ‘‘Paycheck
Protection Program’’ (PPP). These loans (II) SBA Form 2483–SD–C—Paycheck ADDRESSES: Comments should refer to
were available to eligible small Protection Program Second Draw the information collection by title or
businesses, certain non-profit Application for Schedule C Filers Using OMB Control Number (3245–0407) and
organizations, veterans’ organizations, Gross Income submitted by the deadline above to:
Tribal business concerns, independent PPP_Info_Collections@sba.gov.
Estimated Number of Respondents:
contractors, and self-employed FOR FURTHER INFORMATION CONTACT: You
501,800.
individuals adversely impacted by the Estimated Annual Responses: may obtain information including a
COVID–19 Emergency. SBA’s authority 501,800. copy of the forms and supporting
to guarantee PPP loans expired on Estimated Annual Hour Burden: documents from the Agency Clearance
August 8, 2020. On December 27, 2020, 66,907. Officer, Curtis Rich, at (202) 205–7030,
SBA received reauthorization under the or curtis.rich@sba.gov, or from Adrienne
Economic Aid Act, Public Law 116–260, (III) SBA FORM 2484–SD—Paycheck Grierson, Program Manager, Office of
to resume guaranteeing PPP loans Protection Program Second Draw Financial Program Operations, at 202–
through March 31, 2021. The Economic Lender’s Application for 7(A) Guaranty 205–6573, or adrienne.grierson@
Aid Act also allowed certain eligible Estimated Number of Respondents: sba.gov.
borrowers that previously received a 5,506. SUPPLEMENTARY INFORMATION:
PPP loan to receive a second draw PPP Estimated Annual Responses:
loan (‘‘Second Draw PPP Loan Background
2,605,000.
Program’’) and amended certain other Estimated Annual Hour Burden: Section 1102 of the Coronavirus Aid,
PPP statutory provisions. On March 11, 1,085,417. Relief, and Economic Security (CARES)
2021, the American Rescue Plan Act, Act, Public Law 116–136, authorized
Solicitation of Public Comments SBA to guarantee loans made by banks
Public Law 117–2, was enacted,
amending various PPP statutory SBA invites the public to submit or other financial institutions under a
provisions. On March 30, 2021, the PPP comments, including specific and temporary program titled the ‘‘Paycheck
Extension Act of 2021 was enacted, detailed suggestions on ways to improve Protection Program’’ (PPP). These loans
extending the SBA’s PPP program the collection and reduce the burden on were available to eligible small
authority through June 30, 2021. respondents. Commenters should also businesses, certain non-profit
This information collection is used for address (i) whether the information organizations, veterans’ organizations,
the Second Draw PPP Loan Program. collection is necessary for the proper Tribal business concerns, independent
Since the initial approval of this performance of SBA’s functions, contractors, and self-employed
information collection on January 8, including whether it has any practical individuals adversely impacted by the
2021, the information collection has utility; (ii) the accuracy of the estimated COVID–19 Emergency. SBA’s authority
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been amended twice to meet the ever- burdens; (iii) ways to enhance the to guarantee PPP loans expired on
evolving needs of the PPP program, as quality, utility, and clarity of the August 8, 2020. On December 27, 2020,
necessitated by a statutory program information to be collected; and (iv) the SBA received reauthorization under the
amendments, public feedback, or other use of automated collection techniques Economic Aid Act, Public Law 116–260,
factors. The information collection is or other forms of information to resume guaranteeing PPP loans
currently approved under the technology to minimize the information through March 31, 2021. The Economic
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Federal Register / Vol. 86, No. 143 / Thursday, July 29, 2021 / Notices 40895
Aid Act also allowed certain eligible Agreement’’ and SBA Form 3507, • Revise to allow for direct borrower
borrowers to receive a second draw PPP ‘‘CARES Act Section 1102 Lender submission of the form via SBA’s
loan and amended certain other PPP Agreement—Non-Bank and Non-Insured Platform.
statutory provisions. On March 11, Depository Institution Lenders.’’ (D) [No Form Number] ‘‘Lender
2021, the American Rescue Plan Act, Except for the four forms identified Reporting Requirements Concerning
Public Law 117–2, was enacted, above, all other components of this Requests for Loan Forgiveness’’:
amending various PPP statutory information collection will still be • Provide an optional process for
provisions. On March 30, 2021, the PPP needed for various reasons, including lenders to allow their PPP borrowers to
Extension Act of 2021 was enacted, reporting by lenders, ongoing loan submit an electronic version of SBA
extending the SBA’s PPP program reviews and requests for loan Form 3508S through SBA’s Platform.
authority through June 30, 2021. forgiveness. SBA is proposing to make
Subject to certain limitations, the following amendments to the • Provide an optional process for
proceeds of a PPP loan may be used for information to be collected after lenders to use SBA’s Platform to
payroll costs, costs related to the expiration of the program authority: perform reviews of, issue forgiveness
continuation of group health care, life, decisions on, and request forgiveness
(A) SBA Form 3508, ‘‘Paycheck
disability, vision or dental benefits payments on SBA Form 3508S
Protection Program, Loan Forgiveness
during periods of paid sick, medical or forgiveness applications submitted by
Application Form 3508’’ and
family leave and group health care, life, their PPP borrowers.
Instructions; SBA Form 3508EZ
disability, vision, or dental insurance ‘‘Paycheck Protection Program, PPP • Provide an optional process for
premiums, mortgage interest payments, lenders to obtain and use a COVID
Loan Forgiveness Application Form
rent payments, utility payments, interest Revenue Reduction Score to confirm
3508EZ’’ and Instructions; and SBA
payments on other debt incurred prior revenue reduction for certain Second
Form 3508S, ‘‘Paycheck Protection
to February 15, 2020, refinancing of an Draw PPP Loan borrowers.
Program, PPP Loan Forgiveness
eligible SBA Economic Injury Disaster (E) [No Form Number] ‘‘Lender
Application Form 3508S’’ and
Loan, covered operations expenditures, Reporting Requirements for Loan
Instructions:
covered property damage costs, covered
supplier costs, and covered worker • Revise to reflect changes made to Review’’:
protection expenditures. Under section the calculation of payroll costs by • Delete requirement for SBA to
7A of the Small Business Act, a PPP Schedule C filers under the interim final review all loans of $2 million or more.
loan may be forgiven in full or in part rule titled ‘‘Business Loan Program
Summary of Information Collection
if the PPP borrower used the proceeds Temporary Changes; Paycheck
for the eligible purposes during the loan Protection Program Revisions to Loan Title: Paycheck Protection Loan
forgiveness covered period. Amount Calculation and Eligibility’’ (86 Program Borrower Information Form
Since the initial approval on April 6, FR 13149, March 8, 2021). and Lender’s Application for Loan
2020, this information collection has • Revise to incorporate payroll cost Guaranty.
been amended multiple times to meet exclusions required by the American OMB Control Number: 3245–0407.
the ever-evolving needs of the program, Rescue Plan Act.
as necessitated by statutory program • Add fields to capture the amount (I) SBA FORM 2483—PAYCHECK
amendments, public feedback, or other and date of a loan increase. PROTECTION PROGRAM BORROWER
APPLICATION
factors. The information collection is • Delete the question (and related
currently approved under the instructions) asking if the borrower Estimated Number of Respondents:
emergency procedures authorized by 44 together with affiliates has $2 million or 9,279,434.
U.S.C. 3507(j) and 5 CFR 1320.13; this more in PPP loans. Estimated Annual Responses:
approval is set to expire on September • Add Individual Taxpayer 9,279,434.
30, 2021. As required by the Paperwork Identification Number (ITIN) to the
Reduction Act, SBA is publishing this Estimated Annual Hour Burden:
header of the ‘‘Business TIN’’ field.
notice as a prerequisite to seeking 1,237,258.
• Relocate the optional demographic
OMB’s approval to use this information information collection box to earlier in (II) SBA FORM 2483–C—PAYCHECK
collection beyond September 30, 2021. the form. PROTECTION PROGRAM BORROWER
SBA has received multiple comments APPLICATION FOR SCHEDULE C
(B) SBA Form 3508S, ‘‘Paycheck
on this information collection. A FILERS USING GROSS INCOME
substantial number of the commenters Protection Program, PPP Loan
focused almost exclusively on SBA Forgiveness Application Form 3508S’’ Estimated Number of Respondents:
Form 3509, ‘‘Loan Necessity and Instructions only: 239,160.
Questionnaire (For-Profit Borrowers)’’ • Identify data fields that will be pre-
Estimated Annual Responses:
and SBA Form 3510, ‘‘Loan Necessity populated when a PPP borrower
239,160.
Questionnaire (Non-Profit Borrowers)’’ submits an electronic version of the
SBA Form 3508S via SBA’s Paycheck Estimated Annual Hour Burden:
and urged SBA to remove them from the 31,888.
collection and not impose additional Protection Platform (SBA’s Platform).
reporting requirements on Borrowers. • Add instructions regarding (III) SBA FORM 2484—PAYCHECK
After extensive evaluation, SBA is submission of an electronic version of PROTECTION PROGRAM LENDER’S
discontinuing the use of these two the SBA Form 3508S via SBA’s APPLICATION FOR 7(A) GUARANTY
forms. Platform.
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Because SBA’s authority to guarantee • Add information about use of a Estimated Number of Respondents:
PPP loans expired on June 30, 2021, COVID Revenue Reduction Score. 5,467.
SBA will no longer be approving new (C) SBA Form 3508D, ‘‘Paycheck Estimated Annual Responses:
lenders to participate in PPP. For that Protection Program, Borrower’s 9,218,594.
reason, SBA is removing SBA Form Disclosure of Certain Controlling Estimated Annual Hour Burden:
3506, ‘‘CARES Act Section 1102 Lender Interests’’: 3,841,081.
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40896 Federal Register / Vol. 86, No. 143 / Thursday, July 29, 2021 / Notices
(IV) SBA FORM 3508—PAYCHECK collection burden on those who are review during any subsequent
PROTECTION PROGRAM—LOAN required to respond. abandonment, this discontinuance does
FORGIVENESS APPLICATION not require an environmental review.
Curtis Rich,
Estimated Number of Respondents: Management Analyst.
See 49 CFR 1105.6(c)(5), 1105.8(b).
591,180. [FR Doc. 2021–16014 Filed 7–28–21; 8:45 am] Any offer of financial assistance
Estimated Annual Responses: BILLING CODE 8026–03–P (OFA) for subsidy under 49 CFR
591,180. 1152.27(b)(2) will be due no later than
Estimated Annual Hour Burden: 120 days after the filing of the petition
1,773,539. for exemption, or 10 days after service
SURFACE TRANSPORTATION BOARD
(V) SBA FORM 3508S, PAYCHECK of a decision granting the petition for
[Docket No. AB 1093 (Sub-No. 2X)]
PROTECTION PROGRAM—PPP LOAN exemption, whichever occurs sooner.1
FORGIVENESS APPLICATION FORM C&NC Railroad, LLC—Discontinuance Persons interested in submitting an OFA
3508S Exemption—in Wayne and Henry must first file a formal expression of
Estimated Number of Respondents: Counties, Ind. intent to file an offer by August 6, 2021,
9,458,875. indicating the intent to file an OFA for
On July 9, 2021, C&NC Railroad, LLC subsidy and demonstrating that they are
Estimated Annual Responses:
(C&NC), filed a petition under 49 U.S.C. preliminarily financially responsible.
9,458,875.
10502 for exemption from the prior See 49 CFR 1152.27(c)(1)(i).
Estimated Annual Hour Burden:
approval requirements of 49 U.S.C.
2,364,719. All filings in response to this notice
10903 to discontinue service over
(VI) SBA FORM 3508EZ—PAYCHECK approximately 21 miles of rail line must refer to Docket No. AB 1093 (Sub-
PROTECTION PROGRAM—PPP LOAN extending from milepost CB 5.4 at No. 2X) and should be filed with the
FORGIVENESS APPLICATION Beesons, Ind., to milepost 25.30 at New Surface Transportation Board via e-
Estimated Number of Respondents: Castle, Ind., and from milepost R 0.1 to filing on the Board’s website. In
1,773,539. milepost R 1.16 at New Castle (the addition, a copy of each pleading must
Estimated Annual Responses: Line). The Line traverses U.S. Postal be served on C&NC’s representative,
1,773,539. Service Zip Codes 47327, 47357, 47362, William H. Stewart III, Vuono & Gray,
Estimated Annual Hour Burden: 47366, 47331, and 47387. LLC, 310 Grant St., Suite 2310,
591,180. C&NC states that it provides service Pittsburgh, PA 15219. Replies to the
on the Line pursuant to a lease with petition are due on or before August 18,
(VII) [FORM NUMBER N/A] LENDER Norfolk Southern Railway Company 2021.
REPORTING REQUIREMENTS (NSR), which owns the Line. (Pet. 1.)
CONCERNING REQUESTS FOR LOAN See also C&NC R.R.—Lease Exemption Persons seeking further information
FORGIVENESS Containing Interchange Commitment— concerning discontinuance procedures
Norfolk S. Ry., FD 35858 (STB served may contact the Board’s Office of Public
Estimated Number of Respondents:
Nov. 5, 2014). According to C&NC, NSR Assistance, Governmental Affairs, and
5,467.
Estimated Annual Responses: has notified C&NC that the lease is being Compliance at (202) 245–0238 or refer
11,823,594. terminated and that NSR will resume to the full abandonment and
Estimated Annual Hour Burden: rail operations over the Line as a discontinuance regulations at 49 CFR
2,107,121. common carrier upon the part 1152. Questions concerning
discontinuance of service by C&NC. environmental issues may be directed to
(VIII) [FORM NUMBER N/A] LENDER (Pet. 1.) C&NC states that there currently the Board’s Office of Environmental
REPORTING REQUIREMENTS FOR is one shipper on the Line, and that no Analysis at (202) 245–0305. Assistance
SBA LOAN REVIEWS interruption in rail service will result for the hearing impaired is available
Estimated Number of Respondents: from the proposed discontinuance. (Id. through the Federal Relay Service at
5,467. at 4.) (800) 877–8339.
Estimated Annual Responses: C&NC states that it has no information
Board decisions and notices are available
2,000,000. indicating that the Line contains
at www.stb.gov.
Estimated Annual Hour Burden: federally granted rights-of-way and, if it
1,000,000. discovers any information regarding Decided: July 26, 2021.
federally granted rights-of-way, it will By the Board, Scott M. Zimmerman, Acting
Solicitation of Public Comments Director, Office of Proceedings.
be made available to those requesting it.
SBA invites the public to submit (Id. at 2.) C&NC states that Jeffrey Herzig,
comments, including specific and discontinuance authority it seeks covers Clearance Clerk.
detailed suggestions on ways to improve the ‘‘entire system’’ operated by C&NC, [FR Doc. 2021–16271 Filed 7–28–21; 8:45 am]
the collection and reduce the burden on and it therefore requests that the Board
BILLING CODE 4915–01–P
respondents. Commenters should also decline to impose employee protective
address (i) whether the information conditions. (Id. at 6.)
collection is necessary for the proper By issuance of this notice, the Board
performance of SBA’s functions, is instituting an exemption proceeding
including whether it has any practical pursuant to 49 U.S.C. 10502(b). A final
utility; (ii) the accuracy of the estimated decision will be issued by October 27,
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burdens; (iii) ways to enhance the 2021.
quality, utility, and clarity of the Because this is a discontinuance
information to be collected; and (iv) the proceeding and not an abandonment,
use of automated collection techniques interim trail use/rail banking and public
or other forms of information use conditions are not appropriate. 1 The filing fee for OFAs can be found at 49 CFR
technology to minimize the information Because there will be environmental 1002.2(f)(25).
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