ARRA Consolidated Spreadsheet 7 CFR 4279-B and 4287-B

	REPORTING REQUIREMENTS - NO FORMS
					Form		Estimated		Reports		Total		Est'd # of		Estimated				Cost to
	Section of		Title		Number		Number of		Filed		Annual		Man-hours		Total		Wage		the
	Regulations				(if any)		Respondents		Annually		Responses		per response		Man-hours		Class		Public
	4279.113(y)		Financing housing		Written		6		on		6		5.0		30.0		$65		$1,950
			development sites						occasion
	4279.119		Loan guarantee limits		Letter		24		on		24		0.5		12.0		$65		$780
	(a)(2)								occasion
	4279.125(b)		Interest rate change		Letter		20		on		20		0.5		10.0		$65		$650
									occasion
	4279.131(a-f)		Credit quality analysis		Written		700		on		700		2.5		1,750.0		$65		$113,750
	4279.161(b)(8)								occasion
	4279.137		Financial statements		Written		700		on		700		1.75		1,225.0		$65		$79,625
									occasion
	4279.143(a)		Hazard insurance		Assignment		50		on		50		1.5		75.0		$65		$4,875
									occasion
	4279.143(b-c)		Life insurance		Assignment		200		on		200		1.5		300.0		$65		$19,500
									occasion
	4279.143(d-e)		Flood and other		Assignment		50		on		50		1.5		75.0		$65		$4,875
			insurance						occasion
	4279.144 &		Appraisal reports		Written		100		on		100		8.0		800.0		$65		$52,000
	4279.161(b)(6)				report				occasion
	4279.150 &		Feasibility studies		Written		200		on		200		24.0		4,800.0		$65		$312,000
	4279.161(b)(13)				report				occasion
	4279.155		Loan priorities		Written		700		on		700		0.2		140.0		$65		$9,100
									occasion
	4279.156		Planning and performing		Written		-		on		-		4.0		-		$65		$-
			development		reports				occasion
	4279.161(a)		Preapplication		Letter & written		100		on		100		2.0		200.0		$65		$13,000
	(1)(3-4)		requirements		evidence				occasion
	4279.161(b) & (c)		Application		Document &		700		on		700		3.5		2,450.0		$65		$159,250
			requirements		other evidence				occasion
	REPORTING REQUIREMENTS - NO FORMS (Cont'd)
					Form		Estimated		Reports		Total		Est'd # of		Estimated				Cost to
	Section of		Title		Number		Number of		Filed		Annual		Man-hours		Total		Wage		the
	Regulations				(if any)		Respondents		Annually		Responses		per response		Man-hours		Class		Public
	4279.174(a-b)		Transfer of lender		Letter &		5		on		5		1.0		5.0		$65		$325
					evidence				occasion
	4279.180		Changes in borrower		Letter &		4		on		4		1.0		4.0		$65		$260
					evidence				occasion
	4279.181(a-n)		Conditions precedent to		Written		700		on		700		2.0		1,400.0		$65		$91,000
			issuance of guarantee						occasion
	4279.186		Issuance of Loan Note		Document		700		on		700		1.0		700.0		$65		$45,500
			Guarantee						occasion
	4279.187		Refusal to execute Loan		Letter/written		2		on		2		3.0		6.0		$65		$390
			Note Guarantee		evidence				occasion
	ARRA Specific		Work Opportunity		Certfication
	Requirements		Tax Credit Program				70				70		0.25		17.5		$65		$1,138
	ARRA Specific		Health care package		Certification
	Requirements						70				70		0.33		23.1		$65		$1,502
	4287.107(b)		Loan classification		written		700		1		700		0.5		350		$65		$22,750
	4287.107(c)		Agency and lender		written		300		1		300		1.5		450		$65		$29,250
			conference
	4287.107(d)		Financial Reports		written		100		4		400		0.5		200		$65		$13,000
			and analysis - quarterly
	4287.107(d)		Financial Reports		written		650		1		650		2.0		1,300		$65		$84,500
			and analysis - annually
	4287.107(f)		Borrower visits		visit		300		1		300		2.0		600		$65		$39,000
	4287.112		Interest rate adjustment		written		5		1		5		0.5		3		$65		$163
	4287.113		Release of collateral		written		2		1		2		2.0		4		$65		$260
	4287.123		Subordination of lien		written		5		1		5		2.0		10		$65		$650
			position
	4287.134(a)(g)		Transfer and		written		-		1		-		3.5		-		$65		$-
			assumption
	4287.134(a)		Credit reports		written		2		1		2		0.5		1		$65		$65
	4287.134(c)		Appraisal reports		written		2		1		2		1.0		2		$65		$130
	REPORTING REQUIREMENTS - NO FORMS (Cont'd)
					Form		Estimated		Reports		Total		Est'd # of		Estimated				Cost to
	Section of		Title		Number		Number of		Filed		Annual		Man-hours		Total		Wage		the
	Regulations				(if any)		Respondents		Annually		Responses		per response		Man-hours		Class		Public
	4287.135		Substitution of lender		written		2		1		2		1.0		2		$65		$130
	4287.156		Protective advances		written		2		1		2		1.0		2		$65		$130
	4287.157(c)		Liquidation plan		written		2		1		2		6.0		12		$65		$780
					document
	4287.157(f)		Acceleration		written		2		1		2		0.5		1		$65		$65
	4287.157(h)		Accounting and reports		written report		2		4		8		0.5		4		$65		$260
	4287.180		Termination of		written		10		1		10		0.5		5		$65		$325
			guarantee
	REPORTING REQUIREMENTS - FORMS
	4279.161(b)(2)		Application for Loan		RBS Only		400		on		400		4.0		1,600.0		$65		$104,000
	Form 4279-1		Guarantee (B&I)						occasion
	4279.161(c)		Application for Loan		RBS Only		350		on		350		3.0		1,050.0		$65		$68,250
	Form 4279-1A		Guarantee (B&I One-Doc)						occasion
	4279.161(a)(2)		Certification of Non-		RBS Only		150		on		150		2.0		300.0		$65		$19,500
			Relocation & Market						occasion
	Form 4279-2		Capacity Report
	4279.173		Conditional		RBS #		710				710		1.5		1,065.0		$65		$69,225
	3575.53		Commitment		RHS #				on		-				-				$-
	Form 4279-3				RUS #				occasion		-				-				$-
	4279.186(a)		Lenders Agreement		RBS #		400				400		2.0		800.0		$65		$52,000
	3575.4				RHS #				on		-				-				$-
	Form 4279-4				RUS #				occasion		-				-				$-
	4279.75(a)		Assignment Guarantee		RBS #		550				600		0.5		300.0		$65		$19,500
	3575.64		Agreement		RHS #				on		-				-				$-
	Form 4279-6				RUS #				occasion		-				-				$-
	4279.149(a)		Unconditional Guarantee		RBS Only				on
	Form 4279-14						500		occasion		500		0.5		250.0		$65		$16,250
	4287.107(a)		Guaranteed Loan Status		Form 1980-41		1,200		2		2,400		0.33		792		$65		$51,480
			Report
	4287.145(a)		Guaranteed Loan		Form 1980-44		60		6		360		0.33		119		$65		$7,722
			Delinquent Status Borrower
	ARRA NOFA		ARRA Reporting		on-line report		700		1		700		1.0		700		$65		$45,500
			Requirements
	TOTAL DOCKET										14,063			19,707.0	23,945				1,556,354
	RECORDKEEPING REQUIREMENTS
	All recordkeeping requirements are reported in 4287.107(d) -- (0570-0016)
	REPORTING REQUIREMENTS - FORMS APPROVED UNDER OTHER NUMBERS
					Form		Estimated		Reports		Total		Est'd # of		Estimated				Cost to
	Section of		Title		Number		Number of		Filed		Annual		Man-hours		Total		Wage		the
	Regulations				(if any)		Respondents		Annually		Responses		per response		Man-hours		Class		Public
	4279.161(b)(3)		Request for		1940-20		500		1		500		6.0		3,000.0
			Environmental Review		(0575-0094)
	4279.186(a)(3)		Guaranteed Loan		1980-19		700		1		700		1.0		700.0
			Closing Report		(0570-0137)
	4287.157(i)		Lender's Guaranteed Loan Payment to USDA		Form 1980-43		100		12		1,200		0.50		600
					(0575-0137)
	4287.158(c)		Loan Note Guarantee		Form 449-30		100		1		100		25.0		2,500
			Report of Loss		(0575-0137)
			Cost to the Federal Government
			Activity		Number		# of Hours		Rate		TOTAL
			Review preapplication		250		6		$35		$52,500
			material, DOL
			Review application &		725		20		$35		$507,500
			lender analysis; site
			visit, negotiations, &
			env. assessment
			Approve loan and		700		8		$35		$196,000
			obligate funds
			Review documents and		700		6		$35		$147,000
			issue guarantee
			National Office Reviews		750		1		$40		$30,000
			Financial Statement		750		3.0		$35.00		$78,750
			Review
			Liquidation Plan		2		3.0		$35.00		$210
			Borrower / lender visits		300		3.0		$35.00		$31,500
			Release of Collateral		2		2.0		$35.00		$140
			Subordination of		5		2.0		$35.00		$350
			Collateral
			ANNUALIZED TOTAL								$1,043,950
			The reviews are typically completed by GS-11 & 12 State Loan Specialists and GS-13
			State Program Directors. The loans are typically approved by the State Director.
			The GS-8 or 9 State Loan Technician typically does the data entry in the computer system.