View Information Collection Request (ICR) Package
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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:
3245-0348
ICR Reference No:
200706-3245-002
Status:
Historical Active
Previous ICR Reference No:
200308-3245-001
Agency/Subagency:
SBA
Agency Tracking No:
Title:
SBA Express and Patriot Express Information Collection
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Emergency
Approval Requested By:
06/11/2007
OIRA Conclusion Action:
Approved with change
Conclusion Date:
06/12/2007
Retrieve Notice of Action (NOA)
Date Received in OIRA:
06/11/2007
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
12/31/2007
6 Months From Approved
06/30/2007
Responses
68,923
0
20,000
Time Burden (Hours)
60,308
0
17,500
Cost Burden (Dollars)
0
0
0
Abstract:
SBA is piloting a small dollar loan program ("SBA Express"). SBA Express Lenders use primarily their own loan forms, submitting minimal information to SBA. SBA requires the information requested to assist the agency in carrying-out its lender, portfolio and program oversight responsibilities. The information will also facilitate risk management.
Emergency Justfication:
SBA's Office of Financial Assistance is implementing a new loan initiative, Patriot Express by the end of June 2007. Patriot Express will be incorporated in the SBA Express Information Collection under OMB Control Number 3245-0348. This loan initiative is an outgrowth of SBA's discussions with the Department of Defence, the military community and our lending partners. Through these discussions SBA has learned that military activations and extentions of tours are having a profound adverse impact on the entrepeneurial sector of the military community. SBA concluded that there is an urgent need for financial, technical and procurement assistance amoung this group. In order to carryout the Patriot Express loan intiative by the projected targeted data, SBA needs to have in place an approved loan application package.
Authorizing Statute(s):
US Code:
31 USC 3512
Name of Law: Federal Mgrs. Financial Integrity Act
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:
71 FR 180
09/18/2006
30-day Notice:
Federal Register Citation:
Citation Date:
72 FR 16
01/25/2007
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
SBA Express/Patriot Express Information Collection
1920SX (Part C), 1919, 1920SX (Part A), 1920SX (Part B), 2237, 2238
SBAExpress, Community Express and Patriot Express Borrower Information Form
,
SBAExpress and Patriot Express Guaranty Request
,
Supplemental Information for PLP/SBA Express Processing
,
Eligibility Information Required for SBAExpress and Patriot Express Submission
,
PLP/SBAExpress/Low Doc Post-Loan Approval Action Checklist
,
SBAExpress/Patriot Express Guaranty Request (Eligibility Authorized)
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
68,923
20,000
0
48,923
0
0
Annual Time Burden (Hours)
60,308
17,500
0
42,808
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:
Burden increase due to the increasing popularity of SBAExpress and estimated increase in additional loan volume that the agency expects as a result of Patriot loan initiative.
Annual Cost to Federal Government:
$0
Does this IC contain surveys, censuses, or employ statistical methods?
No
Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002?
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
Uncollected
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
Uncollected
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
Uncollected
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
Gail Hepler 202 653-7530
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:
06/11/2007
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