BN Business News
Add your company to Business Communicator →

Małe firmy · 10.09.2004

Privacy Act System of Records Notice

The Small Business Administration (SBA) is adding a new system of records to the Agency's Privacy Act System of Records. The new system is called "Servicing and Contract System/Minority Enterprise Development Headquarters Repository (SACS/MDHR). The first purpose is to collect confidential business and financial information used to determine if applicants and current 8(a) participants are in compliance with statutory and regulatory requirements for continued program participation. This electronic system uses information collected on SBA forms and other financial information such as participant and business net worth (collected from personal financial statements and business' balance sheets). The SBA forms have previously been approved by OMB and used as a vehicle to collect 8(a) participant information. Some of this information is entered into the SACS/MEDHR System.

Source: Federal Register — Small Business AdministrationOpen original release →