Federal Register / Vol. 85, No. 134 / Monday, July 13, 2020 / Notices
(ii) Form 3502 - Economic Injury Disaster Loan Supporting Information.
The requested information includes, where applicable, gross revenues for the 12 months prior to the disaster, costs of goods sold lost rents due to the disaster cost of operation for the 12 month period prior to the disaster amount and description of compensation from other sources as a result of the disaster. The information supplements the Form 3501 information and thus is submitted by all applicants. SBA estimates 1 hour for completion time, for a total of 15 million hours.
(iii) Form 3503 - Verification of Eligible Entity for Emergency EIDL Advance. This information is also submitted by all applicants to specifically request an advance on their loan and to certify to the accuracy of the information submitted on Form 3501 and 3502. SBA estimates each 15 million applicants will need about 10 minutes to complete the form for a total of 2.5 million hours.
U.S. SMALL BUSINESS ADMINISTRATION ECONOMIC INJURY DISASTER LOAN SUPPORTING INFORMATION
The information requested below is to be submitted in support of the application for an Economic Injury Disaster Loan. This request replaces the need to submit a tax return. The estimated time for you to complete this form, including time to gather information, is 1 hour. Unless the form displays a current OMB Control number, you are not required to respond. If you have comments about this request for information, including the estimated time, submit them to Director, Records Management Division, Small Business Administration, 409 Third Street, SW, Washington, DC 20416 and/or Desk Officer for SBA, Office of Management and Budget, Office of Information and Regulatory Affairs, New Executive Office Building, Washington, DC 20503.
Answer the following questions:
Gross Revenues for the twelve (12) month period prior to the disaster:
Cost of Goods Sold for the twelve (12) month period prior to the disaster:
Rental properties (residential and commercial) only—lost rents due to the disaster:
Non-Profit or Agricultural Enterprise cost of operation for the twelve (12) month period prior to the disaster:
Compensation from other sources received as a result of the disaster (provide amount and a brief description below):
I CERTIFY UNDER PENALTY OF PERJURY UNDER THE LAWS OF THE UNITED STATES THAT THE FOREGOING IS TRUE AND CORRECT.
Download or open online form Form 3502