Business and Industry Guaranteed Loan Program - American Recovery and Reinvestment Act Funding

Forms and Documents

Document Name	Status
Form 1980-41 B&I Guaranteed Loan Program - ARRA - State, Local & Tribal Form	Modified
Form 1980-41 B&I Guaranteed Loan Program - ARRA - Private Sector Form	Modified
ARRA_4279_and_4287_revised 1-7-2010.xls Supplementary Document	2010-01-11
RD449-30.PDF Supplementary Document	2010-01-11
RD1980-43.PDF Supplementary Document	2009-07-20
RD1980-19.PDF Supplementary Document	2009-07-20
RD1940-20.PDF Supplementary Document	2009-07-20
ARRA_BI_SS_Rev_1-7-2010 clean version[1].doc Supporting Statement A	2010-01-26

IC Document Collections

IC ID	Document Title	Status
189974	B&I Guaranteed Loan Program - ARRA - State, Local & Tribal Form	Modified
189973	B&I Guaranteed Loan Program - ARRA - Private Sector Form	Modified

ICR Details

OMB Control No: 0570-0060	ICR Reference No: 201001-0570-001
Status: Historical Active	Previous ICR Reference No: 200907-0570-003
Agency/Subagency: USDA/RBS	Agency Tracking No:
Title: Business and Industry Guaranteed Loan Program - American Recovery and Reinvestment Act Funding
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 07/15/2010
	Date Received in OIRA: 01/27/2010
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2013	36 Months From Approved	07/31/2010
Responses	10,103	0	14,063
Time Burden (Hours)	15,915	0	23,945
Cost Burden (Dollars)	0	0	0

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Abstract: The Agency is making available Recovery Act funds for the B&I Guaranteed Loan Program. The collection of this information is necessary to obtain information on rural areas experiencing persistent poverty, outmigration, high unemployment, and under-served and under-represented groups and area hardest hit by the current economic crisis.

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Authorizing Statute(s): PL: Pub.L. 111 - 5 1512, 1605, and 1606 Name of Law: American Recovery and Reinvestment Act of 2009
   US Code: 7 USC 1932 Name of Law: Consolidated Farm and rural Development Act
  

Citations for New Statutory Requirements: PL: Pub.L. 111 - 5 1512, 1605 and 1606 Name of Law: American Recovery and Reinvestment Act of 2009

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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:
	74 FR 36649	07/24/2009
30-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 4338	01/27/2010
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
B&I Guaranteed Loan Program - ARRA - Private Sector	1980-41, 1980-44, RD Form 4279-1, RD Form 4279-3, RD Form 4279-14, RD Form 4279-1A, RD Form 4279-6, RD Form 4279-2, RD Form 4279-4	Guaranteed Loan Status Report ,   Guaranteed Loan Delinquent Status Borrower ,   APPLICATION FOR LOAN GUARANTEE ,   APPLICATION FOR LOAN GUARANTEE - Short Form ,   CERTIFICATION OF NON-RELOCATION ,   CONDITIONAL COMMITMENT ,   LENDER'S AGREEMENT ,   ASSIGNMENT GUARANTEE AGREEMENT ,   UNCONDITIONAL GUARANTEE
B&I Guaranteed Loan Program - ARRA - State, Local & Tribal	RD Form 4279-6, 1980-41, 1980-44, RD Form 4279-2, RD Form 4279-3, RD Form 4279-4, RD Form 4279-1, RD Form 4279-1A, RD Form 4279-14	Guaranteed Loan Status Report ,   Guaranteed Loan Delinquent Status Borrower ,   APPLICATION FOR LOAN GUARANTEE ,   APPLICATION FOR LOAN GUARANTEE - Short Form ,   CERTIFICATION OF NON-RELOCATION ,   CONDITIONAL COMMITMENT ,   LENDER'S AGREEMENT ,   ASSIGNMENT GUARANTEE AGREEMENT ,   UNCONDITIONAL GUARANTEE

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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	10,103	14,063	0	-3,960	0	0
Annual Time Burden (Hours)	15,915	23,945	0	-8,030	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: Applications from the public have been received and the cost to the public for those applications has already been incurred. After January 31, 2010, fewer applications will be prepared by the public. As a result, the hours of burden and cost to the public will decrease. The total hours are estimated to decrease from 23,945 to 15,915 for a decrease of 8,030 hours. The total cost is estimated to decrease from $1,556,354 to $1,034,456 for a decrease of $521,898.

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Annual Cost to Federal Government: $638,250

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]? No

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)? Yes

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: 01/27/2010

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