Gulf Coast Relief Financing Pilot Information Collection

Forms and Documents

Document Name	Status
Form SBA Form 2276 (Par Gulf Coast Relief Financing Pilot Information Collection Form	Modified
GO - Supporting Statement (June 16, 2008).doc Supporting Statement A	2008-06-18

IC Document Collections

IC ID	Document Title	Status
35830	Gulf Coast Relief Financing Pilot Information Collection Form	Modified

ICR Details

OMB Control No: 3245-0355	ICR Reference No: 200806-3245-006
Status: Historical Active	Previous ICR Reference No: 200612-3245-001
Agency/Subagency: SBA	Agency Tracking No:
Title: Gulf Coast Relief Financing Pilot Information Collection
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/26/2008
	Date Received in OIRA: 06/18/2008
Terms of Clearance: This collection is extended to allow for orderly completion of the pilot program.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2008	36 Months From Approved	08/31/2008
Responses	120	0	250
Time Burden (Hours)	180	0	188
Cost Burden (Dollars)	0	0	0

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Abstract: In November 2005 SBA piloted a one-year loan program specially targeted to the counties and parishes that were declared disaster areas as a result of Hurricanes Katrina and Rita. This pilot has been extended to 9/30/08. Lenders use primarily their own application, however, SBA requires the minimal information requested on these forms from lenders and borrowers to carry out its loan monitoring, portfolio risk management, and lender oversight activities associated with this loan pilot.

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Authorizing Statute(s): None

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
60-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 58713	10/16/2007
30-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 27605	05/13/2008
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
Gulf Coast Relief Financing Pilot Information Collection	SBA Form 2276b, SBA Form 2281, SBA Form 2276 (Part A), SBA Form 2276c	Gulf Opportunity Pilot Loan Program (GO Loan Pilot) Guaranty Request ,   Supplemental Information for Gulf Opportunity Pilot Loan Program ,   Eligibility Information Required for Gulf Opportunity Pilot Loan Program Submission ,   Gulf Opportunity Pilot Loan Program Borrower Information Form

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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	120	250	0	-130	0	0
Annual Time Burden (Hours)	180	188	0	-8	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: There has been a significant reduction in the burden-hours originally estimated. The 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 estimated interim financing needed by the these small businesses were over-estimated. Either businesses re-located to non-affected areas or the disaster loan funds applied for were received instead.

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Annual Cost to Federal Government: $0

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: 06/18/2008

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