American's Recovery Capital (ARC) Loan Program

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form SBA FORM 2315 America's Recovery Capital (ARC) Loan Program	Form and Instruction	Modified	Available
ARC REGS & RULES.TIF	Supplementary Document	Uploaded 2010-03-16	Available
ARC Supporting Statement 3-10 + GHH clean+OGC.doc	Supporting Statement A	Uploaded 2010-03-16	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
189042	America's Recovery Capital (ARC) Loan Program	Form and Instruction	Modified

ICR Details

OMB Control No: 3245-0366	ICR Reference No: 201003-3245-001
Status: Historical Active	Previous ICR Reference No: 200912-3245-002
Agency/Subagency: SBA	Agency Tracking No:
Title: American's Recovery Capital (ARC) Loan Program
Type of Information Collection: Reinstatement with change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 04/15/2010
	Date Received in OIRA: 03/16/2010
Terms of Clearance: TOC - OMB has approved the continued use the forms described in this information collection for the duration of the temporary America’s Recovery Capital (ARC) Loan Program, which is slated to end in September 2010.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2011	36 Months From Approved
Responses	11,600	0	0
Time Burden (Hours)	4,290	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: The information collected through these forms from small business loan applications as well as participating lenders is used to determine eligibility for an American Recovery Capital (ARC)loan that is designed to assist small businesses with making payments on existing business debt.

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Authorizing Statute(s): PL: Pub.L. 111 - 5 506 Name of Law: American Recovery and Reinvestment Act of 2009
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3245-AF93	Final or interim final rulemaking	74 FR 119	06/23/2009

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 30648	06/26/2009
30-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 68430	12/24/2009
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
America's Recovery Capital (ARC) Loan Program	SBA FORM 2316 PART A , SBA FORM 2136 PART B , SBA FORM 2315, SBA FORM 2316 PART C	America's Recovery Capital (ARC) Borrower Infroamtion Form ,   America's Recovery Capital (ARC) lOAN Guaaranty Request ,   Lender's Supplemental Information America's Recovery Capital (ARC) Guaranty Request ,   Eligibility Information Required for America's Recovery Capital (ARC) Loan Submission

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ICR Summary of Burden

table that charts list 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	11,600	0	0	-400	0	12,000
Annual Time Burden (Hours)	4,290	0	0	-2,780	0	7,070
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: Changing Regulations

Short Statement: Based on new activity in the loan program.

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Annual Cost to Federal Government:

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)? 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: 03/16/2010

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