29 Aug 2025
💼SBA Reporting Requirements Under OMB Review for PPP
Reporting and Recordkeeping Requirements Under OMB Review
Summary
The Small Business Administration (SBA) will submit the information collection described below to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, as amended, on or after the date of publication of this notice. SBA is publishing this notice to allow all interested members of the public an additional 30 days to provide comments on the collection of information.
Agencies
- Small Business Administration
Business Impact
$$ - Med
The content outlines SBA’s ongoing information collection relating to the PPP Loan Program, which has financial and compliance implications for businesses. Compliance with reporting requirements is essential for businesses that obtained PPP loans, particularly in regard to loan forgiveness processes.