80 FR 236 pgs. 76487-76488 - Agency Information Collection Activities: Comment Request

Type: NOTICEVolume: 80Number: 236Pages: 76487 - 76488
Docket number: [Public Notice: 2015 3004]
FR document: [FR Doc. 2015-30989 Filed 12-8-15; 8:45 am]
Agency: Export-Import Bank
Official PDF Version:  PDF Version
Pages: 76487, 76488

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EXPORT-IMPORT BANK

[Public Notice: 2015 3004]

Agency Information Collection Activities: Comment Request

AGENCY:

Export-Import Bank of the United States.

ACTION:

Submission for OMB review and comments request.

Form Title: EIB 84-01 Joint Application for Export Working Capital Guarantee

SUMMARY:

This is a joint application form for working capital loan guarantees provided by Ex-Im Bank and the Small Business Administration. This collection of information is necessary, pursuant to 12 U.S.C. Sec. 635 (a) (1) and 15 U.S.C. Sec. 636 (a) (14), to determine eligibility of the applicant for Ex-Im Bank or SBA assistance.

The Export-Import Bank has made a change to the report to have the applicant provide the number of employees or annual sales volume. That information is needed to determine whether or not they meet the SBA's definition of a small business. The applicant already provides their name, address and industry code (NAICS). These additional pieces of information will allow Ex-Im Bank to better track the extent to which its support assists U.S. small businesses.

The other change that Ex-Im Bank has made is to require the applicant to indicate whether it is a minority-owned business, women-owned business and/or veteran-owned business. Although answers to the questions are mandatory, the company may choose any one of the three answers: Yes/No/Not Disclosed. The option of "Not Disclosed" allows a company to consciously decline to answer the specific question should they not wish to provide that information.

The application tool can be reviewed at: http://www.exim.gov/sites/default/files/pub/pending/eib84-01.pdf

DATES:

Comments must be received on or before January 8, 2016 to be assured of consideration.

ADDRESSES:

Comments may be submitted electronically on WWW.REGULATIONS.GOV or by mail to Office of Information and Regulatory Affairs, 725 17th Street NW., Washington, DC 20038, Attn: OMB 3048-0013

SUPPLEMENTARY INFORMATION:

Title and Form Number: EIB 84-01 Joint Application for Export Working Capital Guarantee.

OMB Number: 3048-0013

Type of Review: Renewal

Need and Use: This form provides Ex-Im Bank and Small Business Administration staff with the information necessary to determine if the application and transaction are eligible for Ex-Im Bank and SBA assistance under their export working capital guarantee programs.

Affected Public:

This form affects entities involved in the export of U.S. goods and services.

Ex-Im Bank SBA
Annual Number of Respondents: 475 188.
Estimated Time per Respondent: 2.5 hours 2.5 hours.
Annual Burden Hours: 1,188 hours 470 hours.
Frequency of Reporting of Use: Annually Annually.


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Government Expenses:

Ex-Im Bank SBA
Reviewing time per year: 950 hours 376
Average Wages per Hour: $42.50 $35.00
Average Cost per Year: (time*wages) $40,375 $13,160
Benefits and Overhead: 20% 100%
Total Agency Cost: $48,450 $26,320
Total Government Cost: $74,770

Bonita Jones-McNeil,

Program Analyst, Office of the Chief Information Officer.

[FR Doc. 2015-30989 Filed 12-8-15; 8:45 am]

BILLING CODE 6690-01-P