OMB Control Number 3245-0406
Expiration Date: 9/30/2020
collection to state, local or private disaster relief services.
The Privacy Act authorizes SBA to make certain "routine uses" of information protected by
that Act. One such routine use for SBA's loan system of records is that when this
information indicates a violation or potential violation of law, whether civil, criminal, or
administrative in nature, SBA may refer it to the appropriate agency, whether Federal,
State, local or foreign, charged with responsibility for or otherwise involved in
investigation, prosecution, enforcement or prevention of such violations. Another routine
use of personal information is to assist in obtaining credit bureau reports, on the Disaster
Loan Applicants and guarantors for purposes of originating, servicing, and liquidating
Disaster loans. See, 69 F.R. 58598, 58617 (and as amended from time to time) for additional
background and other routine uses.
Under the provisions of the Privacy Act, you are not required to provide social security
numbers. (But see the information under Debt Collection Act below) We use social security
numbers to distinguish between people with a similar or the same name for credit
decisions and for debt collection purposes. Failure to provide this number may not affect
any right, benefit or privilege to which you are entitled by law, but having the number
makes it easier for us to more accurately identify to whom adverse credit information
applies and to keep accurate loan records.
Note: Any person concerned with the collection, use and disclosure of information, under
the Privacy Act may contact the Chief, FOI/ PA Office, 409 3
rd
Street, SW, Suite 5900,
Washington, DC 20416 or by e-mail at foia@sba.gov for information about the Agency's
procedures relating to the Privacy Act and the Freedom of Information Act.
DEBT COLLECTION ACT OF 1982; DEFICIT REDUCTION ACT OF 1984; DEBT
COLLECTION IMPROVEMENT ACT OF 1996 & OTHER TITLES (31 U.S.C. 3701 ET SEQ.)
These laws require us to aggressively collect any delinquent loan payments and to require
you to give your taxpayer identification number to us when you apply for a loan. If you
receive a loan and do not make payments when they become due, we may take one or
more of the following actions (this list may not be exhaustive):
•
Report the delinquency to credit reporting bureaus.
•
Offset your income tax refunds or other amounts due to you from the Federal
Government.
•
Refer the account to a private collection agency or other agency operating a debt
collection center.
•
Suspend or debar you from doing business with the Federal Government.
SBA Form 3501 (04/20)