SBA Refreshes Spy Forms on Small Biz Investment Watchdogs
Published Date: 3/13/2026
Notice
Summary
The Small Business Administration (SBA) wants your thoughts on updating forms they use to check on Small Business Investment Companies every two years. This helps make sure these companies follow the rules and keep things fair. If you have ideas to make the process easier or better, send your comments by May 12, 2026—no money changes, just smarter paperwork!
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
SBIC Forms: Extension and Revision
The SBA plans to request OMB approval to extend or revise information collection OMB Control Number 3245-0172 using SBA Form 1405 (Stockholder's Confirmation) and Form 1405A (Ownership Confirmation). These forms are used as part of statutory SBIC examinations, which must occur at least biennially under 15 U.S.C. 687b(c); SBA estimates 690 annual respondents and 690 annual hours of burden.
Public Comment Window Opens
The SBA is requesting public comments on the proposed extension or revision and will accept comments through May 12, 2026. Send comments to Paul Van Eyl, Director of Financial Policy, Office of Investment and Innovation, at the provided email or to 409 3rd Street SW, Washington, DC 20416.
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Key Dates
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