SBA Express is a small dollar loan
program that was created in 1995. 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.
The information will also facilitate risk management.
The burden estimates have
increased since the last PRA submission because of 1) tremendous
growth in the SBA Express Program and 2) the hourly rate increased
from $10 per hours to $26 per hour.
$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Gail Hepler 202
653-7530
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:
(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.