SupportingStatementEIB95-10, Jan.18, 2007final

SUPPORTING STATEMENT FOR PAPERWORK SUBMISSION
EXPORT-IMPORT BANK OF THE U.S.
APPLICATION FOR LONG-TERM LOAN OR GUARANTEE
EIF 95-10
A. Justification
1. The Export Import Bank of the US (Ex-Im Bank) pursuant to the Export Import
Bank Act of 1945, as amended (12 USC 635, et seq), facilitates the finance of export
of U.S. goods and services. By neutralizing the effect of export credit insurance and
guarantees offered by foreign governments and by absorbing credit risks that the
private sector will not accept, Ex-Im Bank enables U.S. exporters to compete fairly in
foreign markets on the basis of price and product. This collection of information is
necessary, pursuant to 12 USC Sec. 635 (a) (1), to determine eligibility of the
applicant for Ex-Im Bank assistance.
2. The collection will provide information needed to determine compliance and
creditworthiness for transaction requests submitted to Ex-Im Bank under its long-term
guarantee and direct loan programs. The form is currently used to make a credit
decision on approximately 85 export transactions per year in divisions dealing with
aircraft, structured finance and trade finance.
3. Ex-Im Bank primarily receives this application (and supporting materials) in hard
copy (via mail or fax). However, Ex-Im Bank will also accept PDF scans of original
applications and all required application attachments via email. Ex-Im Bank is
considering a business automation project that could, in the medium-term, allow for
electronic application submission.
4. There is no duplication of information submission because each application
corresponds to a unique loan or guarantee request. In circumstances where some
information may already be on file at Ex-Im Bank the application includes language
allowing the applicant to indicate so, and thus not send in the information.
5. The applicants for long-term loans and guarantees are typically financial
institutions, foreign companies and governments that are not classified as small
businesses.
6. Absent the information required in the application form, Ex-Im Bank would be
unable to make the necessary judgments to determine eligibility of the applicant to
obtain support. Without those judgments, Ex-Im Bank would not be able to provide
the guarantee or loan needed by its customers.
7. Not applicable.
8. A request for comments was published on October 4, 2006. No comments or

requests for information were received.
9. Not applicable.
10. Ex-Im Bank and its officers and employees are subject to the Trade Secrets Act,
18 U.S.C. Sec 1905, which requires Ex-Im Bank to protect confidential business
and commercial information from disclosure, and 12 CFR 404.1, which provides
that, except as required by law, Ex-Im Bank will not disclose information
provided in confidence without the submitter’s consent.
11. Not applicable. No sensitive questions are involved.
12. We have reviewed the number of applications by project type received for a 12month period ending November 30, 2006 and have a new estimate for the hour
burden. A more in-depth explanation can be found in the supplementary
document area of ROCIS Manage ICR Documents entitled, Response To Terms
of Clearance. We have also attached a table, Long Term Applications, Dec.05Nov.06.
Estimates of the hour burden of the collection of information.
No. of Respondents per year – Approximately 86
Frequency of response – On occasion
Annual Hour burden per response –
2.0 hours.
13. Not applicable.
14. Estimated annualized cost to the federal government
Reviewing time …………………….. 24 hours
Responses/year …………………….. 86
Review time/year…………………….2,064hours
Avg wages/hr ………………………..x$36
Average wages/yr ……………………$74,304
Benefits and overhead ……………….100%
Total Government Cost …………… $148,608
15. No changes.
16. Not applicable
17. Not applicable.
18. There is no use of survey methodology.