Federal Register #2026-22520

SBA seeks public comments on Personal Financial Statement (Form 413) information collection

The U.S. Small Business Administration (SBA) is seeking public input on its Personal Financial Statement information collection. - Government agency: Small Business Administration (SBA); no sub-agency or office is specified. - Notice purpose: SBA is requesting comments before seeking Office of Management and Budget approval under the Paperwork Reduction Act. This is not a procurement for products or services. - Information collection: Personal Financial Statement, SBA Form 413 (PRA Number 3245-0188). - Program uses: SBA 7(a) and 504 loan programs; Surety Bond Program recovery claims; Disaster Loan Program applications; and 8(a)/Business Development and Women-Owned Small Business certification programs. - Estimated annual burden: 134,921 responses and 202,382 hours. - Requested feedback: Whether the collection is necessary, whether burden estimates are accurate, how to reduce respondent burden, and how to improve the information’s quality, usefulness, and clarity. - OEMs, vendors, products, and quantities: None identified; no goods or services are being purchased.

Description

The Small Business Administration (SBA) seeks approval from the Office of Management and Budget for a proposed information collection under the Paperwork Reduction Act. The collection concerns SBA Form 413, Personal Financial Statement, used in several SBA loan, surety bond, disaster loan, 8(a)/BD, and WOSB programs. SBA is requesting public comments on the necessity of the collection, burden estimates, ways to reduce burden, and the quality and clarity of the information. Comments are due January 4, 2027.

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