Alternative Creditworthiness Assessment

Forms and Documents

Document Name	Status
Form SBA FORM 2294 Alternative Creditworthiness Assessment Form	New
Supporting Statement 2294 (2006) EmergencyClearance1.doc Supporting Statement A	2006-08-07

IC Document Collections

IC ID	Document Title	Status
44535	Alternative Creditworthiness Assessment Form	New

ICR Details

OMB Control No: 3245-0359	ICR Reference No: 200608-3245-001
Status: Historical Active	Previous ICR Reference No:
Agency/Subagency: SBA	Agency Tracking No:
Title: Alternative Creditworthiness Assessment
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Emergency	Approval Requested By: 08/11/2006
OIRA Conclusion Action: Approved with change	Conclusion Date: 08/11/2006
	Date Received in OIRA: 08/07/2006
Terms of Clearance: The agency needs to review the FEA Lines of Business for each Information Collection.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2007	6 Months From Approved
Responses	1,849	0	0
Time Burden (Hours)	8	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: When credit score inquiry result in no score, this form will be used as an alterative means to assess credit history as required by OMB Circular A-123.

Emergency Justfication: Implementation of new hiring procedures for disaster employees.

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Authorizing Statute(s): PL: Pub.L. 109 - 115 846 Name of Law: Consoildated Appropriations Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Alternative Creditworthiness Assessment	SBA FORM 2294	Alternative Creditworthiness Assessment

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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	1,849	0	0	1,849	0	0
Annual Time Burden (Hours)	8	0	0	8	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: This is a new Information Collection.

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Annual Cost to Federal Government: $174

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

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Common Form ICR:  No

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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: 08/07/2006

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