Skip to main content
An official website of the United States government
The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.
The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
Search:
Agenda
Reg Review
ICR
This script is used to control the display of information in this page.
Display additional information by clicking on the following:
All
Brief and OIRA conclusion
Abstract/Justification
Legal Statutes
Rulemaking
FR Notices/Comments
IC List
Burden
Misc.
Common Form Info.
Certification
View Information Collection (IC) List
View Supporting Statement and Other Documents
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:
0560-0237
ICR Reference No:
202212-0560-001
Status:
Historical Active
Previous ICR Reference No:
202209-0560-005
Agency/Subagency:
USDA/FSA
Agency Tracking No:
Title:
Farm Loan Programs - Direct Loan Making
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved with change
Conclusion Date:
01/13/2023
Retrieve Notice of Action (NOA)
Date Received in OIRA:
12/08/2022
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
01/31/2026
36 Months From Approved
12/31/2025
Responses
611,359
0
704,724
Time Burden (Hours)
295,850
0
285,272
Cost Burden (Dollars)
0
0
0
Abstract:
Information is used to determine applicant's eligibility for a direct loan; ensure cash flow projections are based on actual production history; ensure that loan is adequately secured; and obtain assignments on income or sales proceeds to ensure timely repayment of the loan.
Authorizing Statute(s):
US Code:
7 USC 1921
Name of Law: CONACT
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:
87 FR 57453
09/20/2022
30-day Notice:
Federal Register Citation:
Citation Date:
87 FR 75216
12/08/2022
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
Farm Loan Programs - Direct Loan Making
FSA-2318, FSA-2301, FSA-2313, FSA-2350, FSA-2351, FSA-2313 , FSA-2314 , FSA-2360, FSA-2317, FSA-2361, FSA-2342, FSA-2319, FSA-2344, FSA-2352, FSA-2003, FSA-2027, FSA-2371, FSA-2376, FSA-2002, FSA-2004, FSA-2005, FSA-2006, FSA-2026, FSA-2007 , FSA-2028 , FSA-2041, FSA-2042, FSA-2370, FSA-2309, FSA-2340, FSA-2310, FSA-2341, FSA-2029- M, FSA-2044, FSA-2001, FSA-2043, FSA-2014, FSA-2015, FSA-2320
Request for loan making assistance.
,
Three-Year Financial History
,
Three-year Production History
,
Authorization to release information
,
Creditor List
,
Property Owned and Leased
,
Verification of debts and assets
,
Verification of Income
,
Supplemental payment agreement
,
Consent and subordination
,
Assignment of Proceeds- consent to payment
,
Assignment of proceeds & consent to payment
,
Assignment of dairy proceeds
,
Assignment of income
,
Request for Youth Loan
,
Certification of disaster losses
,
Lender's verification of loan application
,
Notification of loan approval and conditions
,
Agreement for disposition of jointly-owned property
,
Agreement with prior lienholder
,
Property insurance mortgage clause
,
Selection of attorney/title company
,
Certification of attorney/title company
,
Certification of attorney/title company
,
Preliminary title opinion
,
Loan closing instructions
,
Certification fo improvement of property
,
Final title opinion
,
Report of lien search
,
Lender subordination agreement
,
Request for waiver fo borrower training requirements
,
Agreement to complete training
,
Borrower training course evaluation
,
Streamlined Request for Direct OL Assistance
,
NOTIFICATION OF LOAN APPROVAL AND BORROWER RESPONSIBILITIES
,
COSIGNER APPLICATION AND AGREEMENT
,
SECURITY AGREEMENT
,
Promissory Note
,
Mortgage/Deed of Trust
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
611,359
704,724
0
-93,365
0
0
Annual Time Burden (Hours)
295,850
285,272
0
10,578
0
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
Yes
Burden Increase Due to:
Miscellaneous Actions
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
FSA is conducting this revision due to Executive Order 14058 issued by the White House, that tasked the Secretary of Agriculture with simplifying the direct loan application process. In doing so, this collection was also affected. The numbers of responses decreased by 93,365 while the burden hours increased by 10,578 due to the forms FSA-2001, FSA-2002, FSA-2003, FSA-2004, FSA-2005, FSA-2006, FSA-2037, FSA-2038, FSA-2302, and FSA-2330 that have been consolidated into a single form for the purposes of direct loan making and that consolidation is reflected in this collection. The revised FSA-2001 will be used for direct loan making to replace the use of the other listed forms; other Farm Loan Programs uses, for example loan servicing will still use the original forms in some cases. Also, the number of respondents decreased by 10,474 in this collection.
Annual Cost to Federal Government:
$23,482,299
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.
Yes
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?
Yes
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:
12/08/2022