40894 Federal Register / Vol. 86, No. 143 / Thursday, July 29, 2021 / Notices 

publication of this notice before 

submitting the information collection to 

the Office of Management and Budget 

(OMB) for review and approval. 

DATES: Submit comments on or before 

September 27, 2021. 

ADDRESSES: Comments should refer to 

the information collection by title or 

OMB Control Number (3245–0417) and 

submitted by the deadline above to: 

PPP_Info_Collections@sba.gov. 

FOR FURTHER INFORMATION CONTACT: You 

may obtain information including a 

copy of the forms and supporting 

documents from the Agency Clearance 

Officer, Curtis Rich, at (202) 205–7030, 

or curtis.rich@sba.gov, or from Adrienne 

Grierson, Program Manager, Office of 

Financial Program Operations, at 202– 

205–6573, or adrienne.grierson@

sba.gov. 

SUPPLEMENTARY INFORMATION: 

Background 

Section 1102 of the Coronavirus Aid, 

Relief, and Economic Security (CARES) 

Act, Public Law 116–136, authorized 

SBA to guarantee loans made by banks 

or other financial institutions under a 

temporary program titled the ‘‘Paycheck 

Protection Program’’ (PPP). These loans 

were available to eligible small 

businesses, certain non-profit 

organizations, veterans’ organizations, 

Tribal business concerns, independent 

contractors, and self-employed 

individuals adversely impacted by the 

COVID–19 Emergency. SBA’s authority 

to guarantee PPP loans expired on 

August 8, 2020. On December 27, 2020, 

SBA received reauthorization under the 

Economic Aid Act, Public Law 116–260, 

to resume guaranteeing PPP loans 

through March 31, 2021. The Economic 

Aid Act also allowed certain eligible 

borrowers that previously received a 

PPP loan to receive a second draw PPP 

loan (‘‘Second Draw PPP Loan 

Program’’) and amended certain other 

PPP statutory provisions. On March 11, 

2021, the American Rescue Plan Act, 

Public Law 117–2, was enacted, 

amending various PPP statutory 

provisions. On March 30, 2021, the PPP 

Extension Act of 2021 was enacted, 

extending the SBA’s PPP program 

authority through June 30, 2021. 

This information collection is used for 

the Second Draw PPP Loan Program. 

Since the initial approval of this 

information collection on January 8, 

2021, the information collection has 

been amended twice to meet the everevolving needs of the PPP program, as 

necessitated by a statutory program 

amendments, public feedback, or other 

factors. The information collection is 

currently approved under the 

emergency procedures authorized by 5 

U.S.C. 3507(j) and 5 CFR 1320.13; this 

approval is set to expire on September 

30, 2021. 

Although SBA’s program authority 

has expired, this information collection 

may still be needed in connection with 

pending litigation. Therefore, as 

required by the Paperwork Reduction 

Act, SBA is publishing this notice as a 

prerequisite to seeking OMB’s approval 

to use this information collection 

beyond September 30, 2021. There are 

no proposed changes to any of the 

forms. 

Summary of Information Collection 

Title: Paycheck Protection Loan 

Program—Second Draw. 

OMB Control Number: 3245–0417. 

(I) SBA Form 2483—Paycheck 

Protection Program Second Draw 

Application 

Estimated Number of Respondents: 

2,103,200. 

Estimated Annual Responses: 

2,103,200. 

Estimated Annual Hour Burden: 

280,427. 

(II) SBA Form 2483–SD–C—Paycheck 

Protection Program Second Draw 

Application for Schedule C Filers Using 

Gross Income 

Estimated Number of Respondents: 

501,800. 

Estimated Annual Responses: 

501,800. 

Estimated Annual Hour Burden: 

66,907. 

(III) SBA FORM 2484–SD—Paycheck 

Protection Program Second Draw 

Lender’s Application for 7(A) Guaranty 

Estimated Number of Respondents: 

5,506. 

Estimated Annual Responses: 

2,605,000. 

Estimated Annual Hour Burden: 

1,085,417. 

Solicitation of Public Comments 

SBA invites the public to submit 

comments, including specific and 

detailed suggestions on ways to improve 

the collection and reduce the burden on 

respondents. Commenters should also 

address (i) whether the information 

collection is necessary for the proper 

performance of SBA’s functions, 

including whether it has any practical 

utility; (ii) the accuracy of the estimated 

burdens; (iii) ways to enhance the 

quality, utility, and clarity of the 

information to be collected; and (iv) the 

use of automated collection techniques 

or other forms of information 

technology to minimize the information 

collection burden on those who are 

required to respond. 

Curtis Rich, 

Management Analyst. 

[FR Doc. 2021–16015 Filed 7–28–21; 8:45 am] 

BILLING CODE 8026–03–P 

SMALL BUSINESS ADMINISTRATION 

Data Collection Available for Public 

Comments 

AGENCY: Small Business Administration 

ACTION: 60-Day notice; request for 

comments. 

SUMMARY: The Small Business 

Administration (SBA) is publishing this 

notice in compliance with the 

Paperwork Reduction Act (PRA) of 

1995, as amended, to solicit public 

comments on the information collection 

described below. The PRA requires 

publication of this notice before 

submitting the information collection to 

the Office of Management and Budget 

(OMB) for review and approval. 

DATES: Submit comments on or before 

September 27, 2021. 

ADDRESSES: Comments should refer to 

the information collection by title or 

OMB Control Number (3245–0407) and 

submitted by the deadline above to: 

PPP_Info_Collections@sba.gov. 

FOR FURTHER INFORMATION CONTACT: You 

may obtain information including a 

copy of the forms and supporting 

documents from the Agency Clearance 

Officer, Curtis Rich, at (202) 205–7030, 

or curtis.rich@sba.gov, or from Adrienne 

Grierson, Program Manager, Office of 

Financial Program Operations, at 202– 

205–6573, or adrienne.grierson@

sba.gov. 

SUPPLEMENTARY INFORMATION: 

Background 

Section 1102 of the Coronavirus Aid, 

Relief, and Economic Security (CARES) 

Act, Public Law 116–136, authorized 

SBA to guarantee loans made by banks 

or other financial institutions under a 

temporary program titled the ‘‘Paycheck 

Protection Program’’ (PPP). These loans 

were available to eligible small 

businesses, certain non-profit 

organizations, veterans’ organizations, 

Tribal business concerns, independent 

contractors, and self-employed 

individuals adversely impacted by the 

COVID–19 Emergency. SBA’s authority 

to guarantee PPP loans expired on 

August 8, 2020. On December 27, 2020, 

SBA received reauthorization under the 

Economic Aid Act, Public Law 116–260, 

to resume guaranteeing PPP loans 

through March 31, 2021. The Economic 


jbell on DSKJLSW7X2PROD with NOTICES
Federal Register / Vol. 86, No. 143 / Thursday, July 29, 2021 / Notices 40895 

Aid Act also allowed certain eligible 

borrowers to receive a second draw PPP 

loan and amended certain other PPP 

statutory provisions. On March 11, 

2021, the American Rescue Plan Act, 

Public Law 117–2, was enacted, 

amending various PPP statutory 

provisions. On March 30, 2021, the PPP 

Extension Act of 2021 was enacted, 

extending the SBA’s PPP program 

authority through June 30, 2021. 

Subject to certain limitations, 

proceeds of a PPP loan may be used for 

payroll costs, costs related to the 

continuation of group health care, life, 

disability, vision or dental benefits 

during periods of paid sick, medical or 

family leave and group health care, life, 

disability, vision, or dental insurance 

premiums, mortgage interest payments, 

rent payments, utility payments, interest 

payments on other debt incurred prior 

to February 15, 2020, refinancing of an 

eligible SBA Economic Injury Disaster 

Loan, covered operations expenditures, 

covered property damage costs, covered 

supplier costs, and covered worker 

protection expenditures. Under section 

7A of the Small Business Act, a PPP 

loan may be forgiven in full or in part 

if the PPP borrower used the proceeds 

for the eligible purposes during the loan 

forgiveness covered period. 

Since the initial approval on April 6, 

2020, this information collection has 

been amended multiple times to meet 

the ever-evolving needs of the program, 

as necessitated by statutory program 

amendments, public feedback, or other 

factors. The information collection is 

currently approved under the 

emergency procedures authorized by 44 

U.S.C. 3507(j) and 5 CFR 1320.13; this 

approval is set to expire on September 

30, 2021. As required by the Paperwork 

Reduction Act, SBA is publishing this 

notice as a prerequisite to seeking 

OMB’s approval to use this information 

collection beyond September 30, 2021. 

SBA has received multiple comments 

on this information collection. A 

substantial number of the commenters 

focused almost exclusively on SBA 

Form 3509, ‘‘Loan Necessity 

Questionnaire (For-Profit Borrowers)’’ 

and SBA Form 3510, ‘‘Loan Necessity 

Questionnaire (Non-Profit Borrowers)’’ 

and urged SBA to remove them from the 

collection and not impose additional 

reporting requirements on Borrowers. 

After extensive evaluation, SBA is 

discontinuing the use of these two 

forms. 

Because SBA’s authority to guarantee 

PPP loans expired on June 30, 2021, 

SBA will no longer be approving new 

lenders to participate in PPP. For that 

reason, SBA is removing SBA Form 

3506, ‘‘CARES Act Section 1102 Lender 

Agreement’’ and SBA Form 3507, 

‘‘CARES Act Section 1102 Lender 

Agreement—Non-Bank and Non-Insured 

Depository Institution Lenders.’’ 

Except for the four forms identified 

above, all other components of this 

information collection will still be 

needed for various reasons, including 

reporting by lenders, ongoing loan 

reviews and requests for loan 

forgiveness. SBA is proposing to make 

the following amendments to the 

information to be collected after 

expiration of the program authority: 

(A) SBA Form 3508, ‘‘Paycheck 

Protection Program, Loan Forgiveness 

Application Form 3508’’ and 

Instructions; SBA Form 3508EZ 

‘‘Paycheck Protection Program, PPP 

Loan Forgiveness Application Form 

3508EZ’’ and Instructions; and SBA 

Form 3508S, ‘‘Paycheck Protection 

Program, PPP Loan Forgiveness 

Application Form 3508S’’ and 

Instructions: 

• Revise to reflect changes made to 

the calculation of payroll costs by 

Schedule C filers under the interim final 

rule titled ‘‘Business Loan Program 

Temporary Changes; Paycheck 

Protection Program Revisions to Loan 

Amount Calculation and Eligibility’’ (86 

FR 13149, March 8, 2021). 

• Revise to incorporate payroll cost 

exclusions required by the American 

Rescue Plan Act. 

• Add fields to capture the amount 

and date of a loan increase. 

• Delete the question (and related 

instructions) asking if the borrower 

together with affiliates has $2 million or 

more in PPP loans. 

• Add Individual Taxpayer 

Identification Number (ITIN) to the 

header of the ‘‘Business TIN’’ field. 

• Relocate the optional demographic 

information collection box to earlier in 

the form. 

(B) SBA Form 3508S, ‘‘Paycheck 

Protection Program, PPP Loan 

Forgiveness Application Form 3508S’’ 

and Instructions only: 

• Identify data fields that will be prepopulated when a PPP borrower 

submits an electronic version of the 

SBA Form 3508S via SBA’s Paycheck 

Protection Platform (SBA’s Platform). 

• Add instructions regarding 

submission of an electronic version of 

the SBA Form 3508S via SBA’s 

Platform. 

• Add information about use of a 

COVID Revenue Reduction Score. 

(C) SBA Form 3508D, ‘‘Paycheck 

Protection Program, Borrower’s 

Disclosure of Certain Controlling 

Interests’’: 

• Revise to allow for direct borrower 

submission of the form via SBA’s 

Platform. 

(D) [No Form Number] ‘‘Lender 

Reporting Requirements Concerning 

Requests for Loan Forgiveness’’: 

• Provide an optional process for 

lenders to allow their PPP borrowers to 

submit an electronic version of SBA 

Form 3508S through SBA’s Platform. 

• Provide an optional process for 

lenders to use SBA’s Platform to 

perform reviews of, issue forgiveness 

decisions on, and request forgiveness 

payments on SBA Form 3508S 

forgiveness applications submitted by 

their PPP borrowers. 

• Provide an optional process for 

lenders to obtain and use a COVID 

Revenue Reduction Score to confirm 

revenue reduction for certain Second 

Draw PPP Loan borrowers. 

(E) [No Form Number] ‘‘Lender 

Reporting Requirements for Loan 

Review’’: 

• Delete requirement for SBA to 

review all loans of $2 million or more. 

Summary of Information Collection 

Title: Paycheck Protection Loan 

Program Borrower Information Form 

and Lender’s Application for Loan 

Guaranty. 

OMB Control Number: 3245–0407. 

(I) SBA FORM 2483—PAYCHECK 

PROTECTION PROGRAM BORROWER 

APPLICATION 

Estimated Number of Respondents: 

9,279,434. 

Estimated Annual Responses: 

9,279,434. 

Estimated Annual Hour Burden: 

1,237,258. 

(II) SBA FORM 2483–C—PAYCHECK 

PROTECTION PROGRAM BORROWER 

APPLICATION FOR SCHEDULE C 

FILERS USING GROSS INCOME 

Estimated Number of Respondents: 

239,160. 

Estimated Annual Responses: 

239,160. 

Estimated Annual Hour Burden: 

31,888. 

(III) SBA FORM 2484—PAYCHECK 

PROTECTION PROGRAM LENDER’S 

APPLICATION FOR 7(A) GUARANTY 

Estimated Number of Respondents: 

5,467. 

Estimated Annual Responses: 

9,218,594. 

Estimated Annual Hour Burden: 

3,841,081. 


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40896 Federal Register / Vol. 86, No. 143 / Thursday, July 29, 2021 / Notices 

1The filing fee for OFAs can be found at 49 CFR 

1002.2(f)(25). 

(IV) SBA FORM 3508—PAYCHECK 

PROTECTION PROGRAM—LOAN 

FORGIVENESS APPLICATION 

Estimated Number of Respondents: 

591,180. 

Estimated Annual Responses: 

591,180. 

Estimated Annual Hour Burden: 

1,773,539. 

(V) SBA FORM 3508S, PAYCHECK 

PROTECTION PROGRAM—PPP LOAN 

FORGIVENESS APPLICATION FORM 

3508S 

Estimated Number of Respondents: 

9,458,875. 

Estimated Annual Responses: 

9,458,875. 

Estimated Annual Hour Burden: 

2,364,719. 

(VI) SBA FORM 3508EZ—PAYCHECK 

PROTECTION PROGRAM—PPP LOAN 

FORGIVENESS APPLICATION 

Estimated Number of Respondents: 

1,773,539. 

Estimated Annual Responses: 

1,773,539. 

Estimated Annual Hour Burden: 

591,180. 

(VII) [FORM NUMBER N/A] LENDER 

REPORTING REQUIREMENTS 

CONCERNING REQUESTS FOR LOAN 

FORGIVENESS 

Estimated Number of Respondents: 

5,467. 

Estimated Annual Responses: 

11,823,594. 

Estimated Annual Hour Burden: 

2,107,121. 

(VIII) [FORM NUMBER N/A] LENDER 

REPORTING REQUIREMENTS FOR 

SBA LOAN REVIEWS 

Estimated Number of Respondents: 

5,467. 

Estimated Annual Responses: 

2,000,000. 

Estimated Annual Hour Burden: 

1,000,000. 

Solicitation of Public Comments 

SBA invites the public to submit 

comments, including specific and 

detailed suggestions on ways to improve 

the collection and reduce the burden on 

respondents. Commenters should also 

address (i) whether the information 

collection is necessary for the proper 

performance of SBA’s functions, 

including whether it has any practical 

utility; (ii) the accuracy of the estimated 

burdens; (iii) ways to enhance the 

quality, utility, and clarity of the 

information to be collected; and (iv) the 

use of automated collection techniques 

or other forms of information 

technology to minimize the information 

collection burden on those who are 

required to respond. 

Curtis Rich, 

Management Analyst. 

[FR Doc. 2021–16014 Filed 7–28–21; 8:45 am] 

BILLING CODE 8026–03–P 

SURFACE TRANSPORTATION BOARD 

[Docket No. AB 1093 (Sub-No. 2X)] 

C&NC Railroad, LLC—Discontinuance 

Exemption—in Wayne and Henry 

Counties, Ind. 

On July 9, 2021, C&NC Railroad, LLC 

(C&NC), filed a petition under 49 U.S.C. 

10502 for exemption from the prior 

approval requirements of 49 U.S.C. 

10903 to discontinue service over 

approximately 21 miles of rail line 

extending from milepost CB 5.4 at 

Beesons, Ind., to milepost 25.30 at New 

Castle, Ind., and from milepost R 0.1 to 

milepost R 1.16 at New Castle (the 

Line). The Line traverses U.S. Postal 

Service Zip Codes 47327, 47357, 47362, 

47366, 47331, and 47387. 

C&NC states that it provides service 

on the Line pursuant to a lease with 

Norfolk Southern Railway Company 

(NSR), which owns the Line. (Pet. 1.) 

See also C&NC R.R.—Lease Exemption 

Containing Interchange Commitment— 

Norfolk S. Ry., FD 35858 (STB served 

Nov. 5, 2014). According to C&NC, NSR 

has notified C&NC that the lease is being 

terminated and that NSR will resume 

rail operations over the Line as a 

common carrier upon the 

discontinuance of service by C&NC. 

(Pet. 1.) C&NC states that there currently 

is one shipper on the Line, and that no 

interruption in rail service will result 

from the proposed discontinuance. (Id. 

at 4.) 

C&NC states that it has no information 

indicating that the Line contains 

federally granted rights-of-way and, if it 

discovers any information regarding 

federally granted rights-of-way, it will 

be made available to those requesting it. 

(Id. at 2.) C&NC states that 

discontinuance authority it seeks covers 

the ‘‘entire system’’ operated by C&NC, 

and it therefore requests that the Board 

decline to impose employee protective 

conditions. (Id. at 6.) 

By issuance of this notice, the Board 

is instituting an exemption proceeding 

pursuant to 49 U.S.C. 10502(b). A final 

decision will be issued by October 27, 

2021. 

Because this is a discontinuance 

proceeding and not an abandonment, 

interim trail use/rail banking and public 

use conditions are not appropriate. 

Because there will be environmental 

review during any subsequent 

abandonment, this discontinuance does 

not require an environmental review. 

See 49 CFR 1105.6(c)(5), 1105.8(b). 

Any offer of financial assistance 

(OFA) for subsidy under 49 CFR 

1152.27(b)(2) will be due no later than 

120 days after the filing of the petition 

for exemption, or 10 days after service 

of a decision granting the petition for 

exemption, whichever occurs sooner.1

Persons interested in submitting an OFA 

must first file a formal expression of 

intent to file an offer by August 6, 2021, 

indicating the intent to file an OFA for 

subsidy and demonstrating that they are 

preliminarily financially responsible. 

See 49 CFR 1152.27(c)(1)(i). 

All filings in response to this notice 

must refer to Docket No. AB 1093 (SubNo. 2X) and should be filed with the 

Surface Transportation Board via efiling on the Board’s website. In 

addition, a copy of each pleading must 

be served on C&NC’s representative, 

William H. Stewart III, Vuono & Gray, 

LLC, 310 Grant St., Suite 2310, 

Pittsburgh, PA 15219. Replies to the 

petition are due on or before August 18, 

2021. 

Persons seeking further information 

concerning discontinuance procedures 

may contact the Board’s Office of Public 

Assistance, Governmental Affairs, and 

Compliance at (202) 245–0238 or refer 

to the full abandonment and 

discontinuance regulations at 49 CFR 

part 1152. Questions concerning 

environmental issues may be directed to 

the Board’s Office of Environmental 

Analysis at (202) 245–0305. Assistance 

for the hearing impaired is available 

through the Federal Relay Service at 

(800) 877–8339. 

Board decisions and notices are available 

at www.stb.gov. 

Decided: July 26, 2021. 

By the Board, Scott M. Zimmerman, Acting 

Director, Office of Proceedings. 

Jeffrey Herzig, 

Clearance Clerk. 

[FR Doc. 2021–16271 Filed 7–28–21; 8:45 am] 

BILLING CODE 4915–01–P 


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