7 CFR 4279-B, “Guaranteed Loanmaking – Business and Industry Loans”
OMB No. 0570-0017
Cost to the Federal Government |
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Activity |
Number |
# of Hours |
Rate |
TOTAL |
Review preapplication material, DOL |
850 |
6 |
$ 35 |
$ 178,500 |
Review application and lender analysis; site visit, negotiations, and env. assessment |
775 |
20 |
$ 35 |
$ 542,500 |
Approve loan and obligate funds |
750 |
8 |
$ 35 |
$ 210,000 |
Review documents and issue guarantee |
750 |
6 |
$ 35 |
$ 157,500 |
ANNUALIZED TOTAL |
$ 1,088,500 |
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The reviews are typically completed by GS-11 and 12 State Loan Specialist 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.
| File Type | application/msword |
| File Title | 7 CFR 1944-N “Housing Preservation Grant” |
| Author | Linda |
| Last Modified By | linda.watts-thomas |
| File Modified | 2010-02-17 |
| File Created | 2010-02-17 |