[Federal Register Volume 77, Number 47 (Friday, March 9, 2012)]
[Notices]
[Pages 14459-14461]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-5750]


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DEPARTMENT OF TRANSPORTATION

Office of the Secretary

[Docket No. DOT-OST-2008-0244]


Notice of Request for Renewal of a Previously Approved Collection

AGENCY: Office of the Secretary, DOT.

ACTION: Notice and request for comments.

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SUMMARY: The Office of the Secretary, Office of Small and Disadvantaged 
Business Utilization (OSDBU), invites public comments about our 
intention to request the Office of Management and Budget's (OMB) 
approval to renew a collection. Currently, there are two Short Term 
Loan Program (STLP) applications: the ``Short Term Lending Program 
Application for a New Loan Guarantee'' and the ``Application for Loan 
Guarantee Renewal''. This collection renewal request includes one STLP 
application. The revised STLP application will be used for both new 
loan guarantee applicants and renewal loan guarantee applicants. The 
revised STLP application is a single, consolidated document that is 
easier to read and understand for all small business applicants. The 
information collected in the revised STLP application will determine 
the applicant's eligibility and is necessary to approve or deny a loan.
    Public Comments Invited: You are asked to comment on any aspect of 
this information collection. All comments will also become a matter of 
public record.

    Authority: The Paperwork Reduction Act of 1995; 44 U.S.C. 
Chapter 35, as amended; and 49 CFR 1.48.

DATES: Written comments should be submitted by May 6, 2012.

ADDRESSES: You may submit your comments identified by Docket Number 
DOT-OST-2008-0244 by any of the following methods:
    <bullet> Federal eRulemaking Portal: Go to http://www.regulations.gov/. Follow the online instructions for submitting 
comments.
    <bullet> Agency Web Site: http://dms.dot.gov/. Follow the 
instructions for submitting comments on the DOT electronic docket site.
    <bullet> Fax: 1-202-493-2251.
    <bullet> Mail or Hand Delivery: U.S. Department of Transportation, 
Dockets Management Facility, 1200 New Jersey Avenue SE., West Building, 
Room W12-140, Washington, DC 20590.

FOR FURTHER INFORMATION CONTACT: Nancy Strine, Manager Financial 
Assistance Division, Office of Small and Disadvantaged Business 
Utilization, Office of the Secretary, U.S. Department of 
Transportation, 1200 New Jersey Avenue SE., Room W56-448, Washington, 
DC 20590. Phone number 202-366-5343, fax number 202-366-7228, Email 
address: <a href="/cdn-cgi/l/email-protection#622c030c011b4c3116100b0c0722060d164c050d14"><span class="__cf_email__" data-cfemail="3c725d525f45126f484e5552597c585348125b534a">[email protected]</span></a>. Office hours are from 8 a.m. to 4:30 
p.m., Monday through Friday, except Federal holidays.

SUPPLEMENTARY INFORMATION:
    Title: Short Term Lending Program Application for a Loan Guarantee.
    OMB Control No.: 2105-0555.
    Background: OSDBU's Short Term Lending Program (STLP) offers 
certified Disadvantaged Business Enterprises (DBEs) and other certified 
Small Businesses (8a, women-owned, small disadvantaged, HUBZone, 
veteran owned, and service disabled veteran owned) the opportunity to 
obtain short term working capital at variable interest rates for 
transportation-related projects. The STLP provides Participating 
Lenders (PLs) a guarantee, up to 75%, on a revolving line of credit up 
to a $750,000 maximum. These loans are provided through lenders that 
serve as STLP Participating Lenders (PLs). The term on the line of 
credit is up to one (1) year, which may be renewed for five (5) years. 
A potential or renewal STLP participant must submit a guaranteed loan 
application package. The guaranteed loan application includes the STLP 
application, checklist, and instructions.
    Respondents: Certified Disadvantaged Business Enterprises (DBEs) 
and other certified Small Businesses (8a, women-owned, small 
disadvantaged, HUBZone, veteran owned, and service disabled veteran 
owned) interested in financing their transportation-related contracts.
    DOT Form 2301-1(REV.1): Short Term Lending Program Application for

[[Page 14460]]

Loan Guarantee: A potential or renewal STLP participant must submit a 
guaranteed loan application package. The guaranteed loan application 
includes the STLP application and supporting documentation to be 
collected from the checklist in the application. The application may be 
obtained directly from OSDBU, the Regional Small Business 
Transportation Resource Centers, from a PL, or online from the agency's 
Web site, currently at http://osdbu.dot.gov/documents/pdf/stlp/stlpapp.pdf.
    Respondents: 100.
    Frequency: Once.
    Estimated Average Burden per Response: 2 hours.
    Estimated Total Annual Burden Hours: 200 hours.
    Supporting documentation. Required documentation shall include, but 
is not limited to, the following items:
    a. Business, trade, or job performance reference letters;
    b. DBE or other eligible certification letters;
    c. Aging report of receivables and payables;
    d. Business tax returns;
    e. Business financial statements;
    f. Personal income tax returns;
    g. Personal financial statements;
    h. Schedule of work in progress (WIP);
    i. Signed and dated copy of transportation-related contracts;
    j. Business debt schedule;
    k. Cash flow projections;
    l. Owner(s) and a key management resumes.
    Respondents: 100.
    Frequency: Once.
    Estimated Average Burden per Response: 12 hours.
    Estimated Total Annual Burden Hours: 1200 hours.

SUMMARY: The Office of the Secretary, Office of Small and Disadvantaged 
Business Utilization (OSDBU), invites public comments on our intention 
to request the Office of Management and Budget's (OMB) approval to 
renew a collection of the STLP Participating Lender (PL) forms. The 
collection involves the use of the ``Short Term Lending Program Bank 
Verification Loan Activation Form''; ``Short Term Lending Program Bank 
Acknowledgement Extension Request Form''; ``Short Term Lending Program 
Bank Acknowledgement Loan Close-Out Form''; ``Guaranty Loan Status 
Report''; ``Pending Loan Status Report''; ``Drug-Free Workplace Act 
Certification for a Grantee Other than an Individual''; ``Certification 
Regarding Lobbying for Contracts, Grants, Loans, and Cooperative 
Agreements''; ``Office of Small and Disadvantaged Business Utilization 
U.S. Department of Transportation Short Term Lending Program 
Certification Regarding Debarment, Suspension''; ``Cooperative 
Agreement between the US Department of Transportation and the 
Participating Lender''; and ``US Department of Transportation Office of 
Small and Disadvantaged Utilization Short Term Lending Program 
Guarantee Agreement''. The information collected administers the loans 
guaranteed under the STLP. The information collected keeps the 
Participating Lender's (PLs) in compliance with the terms established 
in the Cooperative Agreement between DOT and the PLs.
    OMB Control No: 2105-0555.

SUPPLEMENTARY INFORMATION: 
    Titles: STLP--Participating Lender (PL) forms.
    OMB Control No.: 2105-0555.
    Background: STLP loans are provided through lenders that serve as 
STLP Participating Lenders (PL). The STLP provides PLs a guarantee, up 
to 75%, on a revolving line of credit up to a $750,000 maximum. As part 
of the requirements for approval as a PL, lenders must submit the 
following certifications: Drug-Free Workplace Act Certification for a 
Grantee Other Than An Individual; Certification Regarding Lobbying for 
Contracts, Grants, Loans, & Cooperative Agreement; Office of Small and 
Disadvantaged Business Utilization U.S. Department of Transportation 
Short Term Lending Program Certification Regarding Debarment, 
Suspension. The STLP is subject to budgeting and accounting 
requirements of the Federal Credit Reform Act of 1990 (FCRA). The PL 
must carry out processes to activate, monitor, service and close out 
STLP loans. To fulfill the requirements of FCRA, the PL submits reports 
and the following forms to OSDBU.
    Respondents: Participating Lenders that are in the process or have 
entered into cooperative agreements with DOT's OSDBU under 49 CFR Part 
22 DOT-OST-2008-0236 entitled, ``Short Term Lending Program''.

    DOT Form 2303-1: Short Term Lending Program Bank Verification Loan 
Activation Form. The PL must submit a Loan Activation Form to OSDBU 
that indicates the date in which the loan has been activated.
    Respondents: 100.
    Frequency: Annually, up to five years.
    Estimated Average Burden per Response: \1/2\ hour.
    Estimated Total Annual Burden Hours: 50 hours.

    DOT Form 2310-1: Short Term Lending Program Bank Acknowledgement 
Extension Request Form. An extension of the original loan guarantee for 
a maximum period of ninety (90) days may be requested, in writing, by 
the PL using the STLP Extension Request Form.
    Respondents: 100.
    Frequency: Annually.
    Estimated Average Burden per Response: \1/2\ hour.
    Estimated Total Annual Burden Hours: 50 hours.

    DOT Form 2304-1: Short Term Lending Program Bank Acknowledgement 
Loan Close-Out Form. The PL must submit the Loan Close-Out Form to 
OSDBU upon full repayment of the STLP loan or when the loan guarantee 
expires.
    Respondents: 100.
    Frequency: Annually.
    Estimated Average Burden per Response: \1/2\ hour.
    Estimated Total Annual Burden Hours: 50 hours.

    DOT Form 2305-1: Guaranty Loan Status Report. The PL submits a 
monthly status of active guaranteed loans to OSDBU.
    Respondents: 100.
    Frequency: Monthly.
    Estimated Average Burden per Response: 1 hour.
    Estimated Total Annual Burden Hours: 100 hours.

    DOT Form 2306-1: Pending Loan Status Report. The PL submits a 
monthly loan(s) in process report to OSDBU.
    Respondents: 100.
    Frequency: Monthly.
    Estimated Average Burden per Response: 1 hour.
    Estimated Total Annual Burden Hours: 100 hours.

    DOT Form 2307-1: Drug-Free Workplace Act Certification for a 
Grantee Other than an Individual. The PL certifies it is a drug-free 
workplace by executing this certification.
    Respondents: 100.
    Frequency: Once.
    Estimated Average Burden per Response: 15 minutes.
    Estimated Total Annual Burden Hours: 25 hours.

    DOT Form 2308-1. Certification Regarding Lobbying for Contracts, 
Grants, Loans, and Cooperative Agreement. The PL certifies that no 
Federal funds will be utilized for lobbying by executing this form.
    Respondents: 100.
    Frequency: Once.
    Estimated Average Burden per Response: 15 minutes.
    Estimated Total Annual Burden Hours: 25 hours.


[[Page 14461]]


    DOT Form 2309-1. Office of Small and Disadvantaged Business 
Utilization
    U.S. Department of Transportation Short Term Lending Program 
Certification Regarding Debarment, Suspension. The PL must not 
currently be debarred or suspended from participation in a government 
contract or delinquent on a government debt by submitting this form.
    Respondents: 100.
    Frequency: Once.
    Estimated Average Burden per Response: 15 minutes.
    Estimated Total Annual Burden Hours: 25 hours.

    Issued in Washington, DC on March 6, 2012.
Brandon Neal,
Director, Office of Small and Disadvantaged Business Utilization, 
Office of the Secretary.
[FR Doc. 2012-5750 Filed 3-8-12; 8:45 am]
BILLING CODE 4910-9X-P


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