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Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
0560-0155
ICR Reference No:
202104-0560-006
Status:
Historical Active
Previous ICR Reference No:
202010-0560-001
Agency/Subagency:
USDA/FSA
Agency Tracking No:
Title:
Guaranteed Farm Loan Programs
Type of Information Collection:
No material or nonsubstantive change to a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
04/08/2021
Retrieve Notice of Action (NOA)
Date Received in OIRA:
04/05/2021
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
09/30/2023
09/30/2023
09/30/2023
Responses
193,648
0
193,648
Time Burden (Hours)
165,724
0
165,724
Cost Burden (Dollars)
0
0
0
Abstract:
The information is needed to effectively administer the Farm Service Agency (FSA) guaranteed farm loan, EZ Guarantee Program, Micro Lender program (MLP) and land contract guaranteed loan programs.
Authorizing Statute(s):
PL:
Pub.L. 109 - 171 116
Name of Law: CONTACT
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
Not associated with rulemaking
Federal Register Notices & Comments
60-day Notice:
Federal Register Citation:
Citation Date:
85 FR 9722
02/20/2020
30-day Notice:
Federal Register Citation:
Citation Date:
85 FR 43806
07/20/2020
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
1
IC Title
Form No.
Form Name
Guaranteed Farm Loan Programs
FSA-2242, FSA-2211 - Revised., FSA 2254, FSA-2232, FSA-2205, FSA-2236, FSA-2221, FSA-2251, FSA-2222, FSA-2253, FSA-2682, FSA-2254A, FSA-2261, FSA-2241, FSA-2684, FSA-2248, FSA-2252, FSA-2201, FSA-2680, FSA-2681, FSA-2683
Lender's Agreement
,
Application for Guarantees
,
Interest Assistance Payment
,
Request for Interest Assistance
,
Guaranteed Loan Closing Report
,
Guaranteed Loan Status Report
,
Assignment of Guarantee
,
Guaranteed Farm Loan Default Status
,
Lenders Guaranteed Loan Payment to USDA
,
Farm Loan Programs Guaranteed Writedown Worksheet
,
Shared Appreciation Agreement for Guaranteed Loans
,
Report on Collection Activities on Liquidated Accounts
,
Guaranteed Loan Report of Loss
,
Guaranteed Loan Report of Loss - Report Types 1, 2, 5, 6 and 7
,
NOTICE OF INTEREST IN LAND CONTRACT GUARANTEE
,
LAND CONTRACT AGREEMENT FOR PROMPT PAYMENT GUARANTEE
,
LAND CONTRACT AGREEMENT FOR STANDARD GUARANTEE
,
REQUEST FOR LAND CONTRACT GUARANTEE ASSISTANCE
,
CONDITIONAL COMMITMENT
,
GUARANTEED MICRO LENDER APPLICATION
,
LAND CONTRACT RECAPTURE AGREEMENT
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
193,648
193,648
0
0
0
0
Annual Time Burden (Hours)
165,724
165,724
0
0
0
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
No
Burden Increase Due to:
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
The adjustments were -4,619 responses and -23,883 burden hours due to less applicants applying for Guaranteed Loans. Overall, the number of respondents decreased by 36 (14,393-14,357 (new)). The annual responses decreased by 27,500 (221,148-193,648(new) while the burden hours decreased by 55,114 (220838-165724(new). The program changes for the decrease of 22,881 responses and 32,341 hours are due to a drop in Guaranteed loans originated between the years preceding FY 2017 and FY 2020. Between FY 2016 and FY 2019, the number of Guaranteed loans originated fell by 24 percent from 10,047 to 7,611. In addition, the number of loss claims and status reports received is much lower than FY 2017. The travel times was also removed from this request. The annual responses decreased since Form FSA-2233 is no longer a separate response and the hours have been included in the revised Form FSA-2236. Also, reducing the lender reviews cut 835 annual responses from the SEL lender reviews. The burden hours decreased due to the policy change reducing SEL lender reviews and some minor rounding when we estimated the average hours for Form FSA-2211 prorated between the different lender types and applicants. The form FSA-2211 have incorporated Forms FSA-2210, “Application for EZ Guarantee” and FSA-2212, “Preferred Lender Application for Guarantee” so those forms have been removed from this collection.
Annual Cost to Federal Government:
$9,657,280
Does this IC contain surveys, censuses, or employ statistical methods?
No
Does this ICR request any personally identifiable information (see
OMB Circular No. A-130
for an explanation of this term)? Please consult with your agency's privacy program when making this determination.
No
Does this ICR include a form that requires a Privacy Act Statement (see
5 U.S.C. §552a(e)(3)
)? Please consult with your agency's privacy program when making this determination.
Yes
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
No
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
No
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
No
Is this ICR related to the Pandemic Response?
No
Agency Contact:
Mary Ann Ball 202-720-4283 MaryAnn.Ball@usda.gov
Common Form ICR:
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Certification Date:
04/05/2021
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