7 CFR 4279-B, Guaranteed Loanmaking - Business and Industry Loans

Forms and Documents

Document Name	Status
Form RD 4279-03 7 CFR 4279-B, Guaranteed Loanmaking - B&I (State, local and tribal) Form	New
Form RD 4279-14 7 CFR 4279-B, Guaranteed Loanmaking - Business and Industry Loans Form	Modified
DCIA burden spreadsheet.xls Supplementary Document	2006-11-08
Supporting Statement.doc Supporting Statement A	2006-10-18
proposedrule.pdf Proposed Rule Document	2006-10-18

IC Document Collections

IC ID	Document Title	Status
45753	7 CFR 4279-B, Guaranteed Loanmaking - B&I (State, local and tribal) Form	New
1677	7 CFR 4279-B, Guaranteed Loanmaking - Business and Industry Loans Form	Modified

ICR Details

OMB Control No: 0570-0017	ICR Reference No: 200610-0570-001
Status: Historical Inactive	Previous ICR Reference No: 200509-0570-001
Agency/Subagency: USDA/RBS	Agency Tracking No:
Title: 7 CFR 4279-B, Guaranteed Loanmaking - Business and Industry Loans
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Improperly submitted and continue	Conclusion Date: 11/17/2006
	Date Received in OIRA: 11/14/2006
Terms of Clearance: Terms of the previous clearance remain in effect. Agency must resubmit with proper Federal Register citation.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2008	36 Months From Approved	11/30/2008
Responses	8,544	0	8,544
Time Burden (Hours)	19,836	0	19,836
Cost Burden (Dollars)	0	0	0

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Abstract: The purpose of the B&I Guaranteed Loan Program is to improve, develop, or finance business, industry, and employment and improve the economic and environmental climate in rurals. This is achieved by bolstering the existing private credit structure through the guarantee of quality loans which will provide lasting community benefits.

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Authorizing Statute(s): US Code: 7 USC 1932(a) Name of Law: Consolidated Farm and Rural Development Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
0570-AA54	Final or interim final rulemaking	70 FR 68	04/07/2005

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	70 FR 68	04/07/2005
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
7 CFR 4279-B, Guaranteed Loanmaking - Business and Industry Loans	RD 4279-6, RD 4279-14, RD 4279-1, RD 4279-1A, RD 4279-2, RD 4279-3, RD 4279-4	Unconditional Guarantee ,   Assignment Guarantee Agreement ,   Intermediary Relending Program Promissory Note ,   Intermediary Relending Program Loan Agreement ,   Application for Loan (Intermediary Relending Program) ,   Application for Loan Guarantee ,   Intermediary Relending Program Project Summary
7 CFR 4279-B, Guaranteed Loanmaking - B&I (State, local and tribal)	RD 4279-01, RD 4279-1A, RD 4279-02, RD 4279-06, RD 4279-03, RD 4279-04, RD 4279-14	Conditional Commitment ,   Lender's Agreement Business and Industry Guaranteed Loan Program ,   Unconditional Guarantee ,   Application for Loan Guarantee (Business and Industry) ,   Application for Loan Guarantee (Business and Industry Short Form-One-Doc) ,   Certification of Non-Relocation and Market and Capacity Information Report ,   Assignment Guarantee Agreement

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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 changes reflected is an adjustment due to the addition of Form 4279-14 and an increase in respondents by 142. Re-evaluation to response time has been reduced from 2 hours to 30 minutes for a reduction of -129 hours.

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Annual Cost to Federal Government: $1,088,500

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: 11/14/2006

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