APPROVED WITH
THE CONDITION THAT THE FRB SUBMIT A COPY OF THE QUESTIONS EACH TIME
THE SURVEY IS CONDUCTED. THIS CONDITION IS BEING IMPOSED TO ENSURE
THAT THE QUESTIONS HAVE PRACTICAL UTILITY AS REQUIRED BY THE
PAPERWORK REDUCTION ACT AND ITS IMPLEMENTING REGULATIONS AT 5 CFR
1320. THE BURDEN HOUR CHANGES ARE REVISED TO REFLECT THE FACT THAT
THE REESTIMATE OF THE BURDEN PER RESPONDENT OCCURS AFTER THE
REDUCTION OF THE NUMBER OF RESPONSES FROM 8 TO 6. THUS, THE BURDEN
ESTIMATE WAS 60 x 8 x 0.5 = 240 HOURS FIRST CHANGES TO 60 x 6 x 0.5
= 180 HOURS (MINUS 60 HOURS PROGRAM CHANGE) AND THEN CHANGES TO 60
x 6 x 2.0 HOURS = 720 HOURS (PLUS 540 HOURS ADJUSTMENT).
Inventory as of this Action
Requested
Previously Approved
07/31/1990
07/31/1990
01/31/1988
360
0
482
480
0
240
0
0
0
THIS SURVEY COLLECTS QUALITATIVE
INFORMATION ABOUT CHANGES IN BUSINESS LOAN DEMAND AND VARIOUS
ASPECTS OF BANK LENDING PRACTICES AND SERVES AS AN IMPORTANT TOOL
FOR MONITORING AND UNDERSTANDING THE EVOLUTION OF LENDING PRACTICES
AT BANKS AND DEVELOPMENTS IN CREDIT MARKETS GENERALLY.
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:
(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;
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.