SBA piloted a one-year program specifically targeted to the Presidentially-declared counties and parishers as a result of Hurricanes Katrina and Rita. The pilot was offered beginning 11/8/05 and will expire 9/30/07. 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.
This program was designed to principally be an interim step for business disaster loan victims until the disaster loan funds that they were eligible for were received. However, the original estimated interim financing neeed by these small businesses was over-estimated.
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.