View Information Collection Request (ICR) Package
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Brief and OIRA conclusion
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IC List
Burden
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Common Form Info.
Certification
View Information Collection (IC) List
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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:
0570-0069
ICR Reference No:
202004-0570-001
Status:
Historical Active
Previous ICR Reference No:
201903-0570-001
Agency/Subagency:
USDA/RBS
Agency Tracking No:
Title:
Guaranteed Loanmaking and Servicing Regulations
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:
05/22/2020
Retrieve Notice of Action (NOA)
Date Received in OIRA:
04/27/2020
Terms of Clearance:
In accordance with 5 CFR 1320, the non-substantive change request is approved until November 30, 2022.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
11/30/2022
11/30/2022
11/30/2022
Responses
27,276
0
26,776
Time Burden (Hours)
38,459
0
37,959
Cost Burden (Dollars)
0
0
0
Abstract:
The Business and Industry (B&I) program was legislated in 1972 under Section 310B of the Consolidated Farm and Rural Development Act, as amended. The purpose of the program is to improve, develop, or finance businesses, industries, and employment and improve the economic and environmental climate in rural communities. This purpose is achieved through bolstering the existing private credit structure through the guaranteeing of quality loans made by lending institutions, thereby providing lasting community benefits. The B&I program is administered by the Agency through Rural Development State and sub-State Offices serving each State. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) in response to the COVID-19 National Emergency, provided additional funding which will increase the number of applications received. RIN 0570–AB07 is associated with the B&I CARES Act Program) published in the Federal Register today, Friday, May 22, 2020.
Authorizing Statute(s):
PL:
Pub.L. 116 - 136 Division B, Title I
Name of Law: Coronavirus Aid, Relief, and Economic Security Act (the CARES Act)
PL:
Pub.L. 92 - 419 310B
Name of Law: Consolidated Farm and Rural Development Act of 1972
Citations for New Statutory Requirements:
PL: Pub.L. 116 - 136 Division B, Title I Name of Law: Coronavirus Aid, Relief, and Economic Security Act (the CARES Act
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:
84 FR 16838
04/23/2019
30-day Notice:
Federal Register Citation:
Citation Date:
84 FR 31561
07/02/2019
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
2
IC Title
Form No.
Form Name
Guaranteed Loanmaking and Servicing Regulations- Private Sector
RD 1940-20, RD 449-30, RD 4279-2, RD 1980-41, RD 4279-3, RD 4279-4, RD 4279-6, RD 4279-14, RD 1980-19, Rd 1980-43, RD1980-44, RD 4279-1
Application for Loan Guarantee
,
Certification of Non-Relocation and Market Capacity Information Report
,
Conditional Commitment
,
Lender's Agreement
,
Assignment Guarantee Agreement
,
Unconditional Guarantee
,
Guaranteed Loan Closing Report
,
Guaranteed Loan Status Report
,
Lender's Guaranteed Loan Payment to USDA
,
Guaranteed Loan Borrower Default Status
,
Request for Environmental Information
,
Loan Note Guaranteed Report of Loss
Guaranteed Loanmaking and Servicing Regulations- State, Local, and Tribal Governments
RD 4279-1, RD 4279-3, RD 1980-19, RD 449-30, Rd 4279-2, RD 4279-4, RD 4279-6, RD 4279-14, RD 1980-41, RD 1980-43, RD 1980-44, RD 1940-20
Certification of Non-Relocation & Market & Capacity Information Report
,
Conditional Commitment
,
Lender's Agreement
,
Assignment Guarantee Agreement
,
Unconditional Guarantee
,
Guaranteed Loan Status Report
,
Lender's Guaranteed Loan Payment to USDA
,
Guaranteed Loan Borrower Default Status
,
Guaranteed Loan Closing Report
,
Request for Environmental Information
,
Loan Note Guaranteed Report of Loss
,
Application for Loan Guarantee
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
27,276
26,776
500
0
0
0
Annual Time Burden (Hours)
38,459
37,959
500
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 Agency is reporting an increase in burden since the last submission. Responses and burden hours increased by 500 respectively. The increase is due to the inclusion of the Rural Business Cooperative Service (RBCS) authority through Division B, Title I of the CARES Act to provide for additional funds for use under the Business & Industry (B&I) CARES Act Guaranteed Loan Program and the expectation of 500 new applicants. RIN 0570–AB07 is associated with the B&I CARES Act Program) published in the Federal Register today, Friday, May 22, 2020.
Annual Cost to Federal Government:
$1,118,988
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.
No
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:
MaryPat Daskal 202 720-7853 marypat.daskal@wdc.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:
04/27/2020
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