FSA-85-1 Reporting and Recordkeeping Requirements

This form is available electronically.

FSA-85-1 U.S. Department of Agriculture (03-26-03) Farm Service Agency Reporting and Recordkeeping Requirements

1. OMB No.

0560-NEW

2. Title of Clearance

Direct Loan Making Page 1

3.

4.

5.

6.

7.

Annual Burden on the Public (Col. 8 x 9=10 and Col. 10 x 11=12)

Description (Title of Form, Report or Record)

Report

Record

Form No.

Regulation Part/Sec.

8.

9.

10.

11.

12. Total Burden Hours

No. of Respondents

No. of Reports Filed Per Person

Total Annual Responses

Average Time to Respond

Exempt

Non-Exempt

Request for loan making assist./DLM indiv. & married app.

 

 

FSA-2001 (Farmer)

764.51(b)

51*

.751

38

30

     

19

Request for loan making assist. /DLM - entity

 

 

FSA-2001 (Farmer)

764.51(b)

12*

.333

4

60

     

4

Request for DLM assist./ subordination indiv. & married

 

 

FSA-2001 (Farmer)

765.205 (a)(1)

17*

.751

13

30

     

7

Request for DLM assist. /subordination - entity

 

 

FSA-2001 (Farmer)

765.205 (a)(1)

3*

.333

1

60

     

2

Request for DLM assist. /transfer and assumption

FSA-2001 (Farmer)

765.403 (a)(1)

1*

.751

1

30

1

Request for DLM assist. /PLS - individuals & married

 

 

FSA-2001 (Farmer)

766.102 (a)(2)

6*

.751

5

30

     

3

Request for DLM assist. /PLS - entity

 

 

FSA-2001 (Farmer)

766.102 (a)(2)

2*

.333

1

60

     

1

Three-Year Financial History - new DL applicants

 

 

FSA-2002 (Farmer)

764.51(b)(4)

42

1

42

60

     

42

Three-Year Financial History - new GLC applicants

 

 

FSA-2002 (Farmer)

763.7(b)(7) 763.18(b)(6)

10

1

10

60

     

10

Three-Year Financial History - existing GLC applicants

 

 

FSA-2002 (Farmer)

763.7(b)(7) 763.18(b)(6)

2

1

2

30

     

1

Three-Year Financial History - PLS

 

 

FSA-2002 (Farmer)

766.102 (a)(3)

6

1

6

30

     

3

Three-Year Production History - new DL applicants

 

 

FSA-2003 (Farmer)

764.51 (b)(5)

42

1

42

60

     

42

Three-Year Production History - new GLC applicants

 

 

FSA-2003 (Farmer)

763.7(b)(8) 763.18(b)(6)

10

1

10

60

     

10

Three-Year Production History - existing GLC applicants

 

 

FSA-2003 (Farmer)

763.7(b)(8) 763.18(b)(6)

2

1

2

30

     

2

Three-Year Production History - PLS

 

 

FSA-2003 (Farmer)

766.102 (a)(2)

6

1

6

30

     

3

Authorization to release information - DLM application

 

 

FSA-2004 (Farmer)

764.51(b)

63

1

63

10

     

11

Authorization to release information - GLC application

 

 

FSA-2004 (Farmer)

763.7

10

1

10

10

     

2

SUBTOTALS 

92*

     

256

     

163

This form is available electronically.

FSA-85-1 U.S. Department of Agriculture (03-26-03) Farm Service Agency Reporting and Recordkeeping Requirements

1. OMB No.

0560-NEW

2. Title of Clearance

Direct Loan Making Page 2

3.

4.

5.

6.

7.

Annual Burden on the Public (Col. 8 x 9=10 and Col. 10 x 11=12)

Description (Title of Form, Report or Record)

Report

Record

Form No.

Regulation Part/Sec.

8.

9.

10.

11.

12. Total Burden Hours

No. of Respondents

No. of Reports Filed Per Person

Total Annual Responses

Average Time to Respond

Exempt

Non-Exempt

Authorization to release information - subordination

 

 

FSA-2004 (Farmer)

765.205 (a)(6)

14

1

14

10

     

2

Authorization to release info - transfer and assumption

 

 

FSA-2004 (Farmer)

765.205; 765.404 

1

1

1

10

     

1

Authorization to release information - PLS

 

 

FSA-2004 (Farmer)

766.102 (a)(6)

6

1

6

10

     

1

Creditor list - DLM

 

 

FSA-2005 (Farmer)

764.51(b)(12) 

63

1

63

20

     

21

Creditor list - GLC

 

 

FSA-2005 (Farmer)

763.7

10

1

10

20

     

3

Creditor list - subordination 

 

 

FSA-2005 (Farmer)

765.205 (a)(6)

14

1

14

20

     

5

Creditor list - transfer and assumption - ineligible

 

 

FSA-2005 (Farmer)

765.404 (b)(1)

1

1

1

20

     

1

Creditor list - PLS

 

 

FSA-2005 (Farmer)

766.102 (a)

6

1

6

20

     

2

Property Owned and Leased - DLM

 

 

FSA-2006 (Farmer)

764.51(b) 764.402

63

1

63

30

     

32

Property Owned and Leased - subordination

 

 

FSA-2006 (Farmer)

765.205 (a)(2)

14

1

14

30

     

7

Property Owned and Leased - PLS

 

 

FSA-2006 (Farmer)

766.102 (a)(7)

6

1

6

30

     

3

Verification of income - DLM

 

 

FSA-2014 (Business)

764.51 (b)(8)

57*

1

57

15

     

14

Verification of income - GLC

 

 

FSA-2014 (Business)

763.7(b)(9)

15*

1

15

15

     

4

Verification of income - subordination

 

 

FSA-2014 (Business)

765.205 (a)(4)

14*

1

14

15

     

4

Verification. of income - transfr & assmptn - ineligible

 

 

FSA-2014 (Business)

765.404 (b)(1)

1*

1

1

15

     

1

Verification of income - PLS

 

 

FSA-2014 (Business)

766.102 (a)(6)

7*

1

7

15

     

2

SUBTOTALS 

94*

     

292

     

103

This form is available electronically.

FSA-85-1 U.S. Department of Agriculture (03-26-03) Farm Service Agency Reporting and Recordkeeping Requirements

1. OMB No.

0560-NEW

2. Title of Clearance

Direct Loan Making Page 3

3.

4.

5.

6.

7.

Annual Burden on the Public (Col. 8 x 9=10 and Col. 10 x 11=12)

Description (Title of Form, Report or Record)

Report

Record

Form No.

Regulation Part/Sec.

8.

9.

10.

11.

12. Total Burden Hours

No. of Respondents

No. of Reports Filed Per Person

Total Annual Responses

Average Time to Respond

Exempt

Non-Exempt

Verification of debts and assets - DLM

 

 

FSA-2015 (Business)

764.51(b)(12)

66*

3

198

20

     

66

Verification of debts and assets - GLC

 

 

FSA-2015 (Business)

763.7(b)(10)

10*

3

30

20

     

10

Verification of debts and assets - subordination

 

 

FSA-2015 (Business)

765.205 (a)(6)

14*

3

42

20

     

14

Verification of debts and assets - transfer & assumption

 

 

FSA-2015 (Business)

765.404 (b)(1)

1*

3

3

20

     

1

Verification of debts and assets - PLS

 

 

FSA-2015 (Business)

766.102 (a)(8)

6*

3

18

20

     

6

Promissory note - individual applicants

 

 

FSA-2026 (Farmer)

764.402(b)(1)

15

1

15

20

     

5

Promissory note - entity members

 

 

FSA-2026 (Farmer)

764.402(b)(2)

28

1

28

20

     

9

Promissory note - PLS - individual

 

 

FSA-2026 (Farmer)

766.106 766.204

6

1

6

20

     

2

Promissory note - PLS - entity members

 

 

FSA-2026 (Farmer)

766.106 766.204

2

1

2

20

     

1

Promissory note - GLC

 

 

FSA-2026 (Farmer)

763.21

1

1

1

20

     

1

Security agreement - 150 percent requirement

 

 

FSA-2028 (Farmer)

764.103 (c)

4

1

4

20

     

1

Security agreement 

 

 

FSA-2028 (Farmer)

765.303 (a)(4)

4

1

4

20

     

1

Security agreement - GLC - loan servicing

 

 

FSA-2028 (Farmer)

763.21

1

1

1

20

     

1

RE mortgage/deed of trust -150% requirement 

 

 

FSA-2029M/2029D (Farmer)

764.103;155;353(c)

30

1

30

30

     

17

RE mortgage/deed of trust - GLC

 

 

FSA-2029M/2029D (Farmer)

763.20

1

1

1

30

     

1

Description of farm training and experience

 

 

FSA-2302 (Farmer)

764.51(b)(3)

42

1

42

20

     

14

SUBTOTALS 

97*

     

425

     

150

This form is available electronically.

FSA-85-1 U.S. Department of Agriculture (03-26-03) Farm Service Agency Reporting and Recordkeeping Requirements

1. OMB No.

0560-NEW

2. Title of Clearance

Direct Loan Making Page 4

3.

4.

5.

6.

7.

Annual Burden on the Public (Col. 8 x 9=10 and Col. 10 x 11=12)

Description (Title of Form, Report or Record)

Report

Record

Form No.

Regulation Part/Sec.

8.

9.

10.

11.

12. Total Burden Hours

No. of Respondents

No. of Reports Filed Per Person

Total Annual Responses

Average Time to Respond

Exempt

Non-Exempt

Description of farm training and experience - GLC

 

 

FSA-2302 (Farmer)

763.7(b)(6)

10

1

10

20

     

3

Certification of disaster losses

 

 

FSA-2309 (Farmer)

764.51 (b)(14)

42

1

42

90

     

63

Lender's verification of loan application - individual

 

 

FSA-2310 (Farmer)

764.352 (e)

38

1

38

5

     

3

Lender's verification of loan application - entity 

 

 

FSA-2310 (Farmer)

764.352 (e)

4

1

4

5

     

1

Lender's verification of loan application - lender

 

 

FSA-2310 Business

764.352 (e)

21*

2

42

30

     

21

Notification of loan approval and conditions

 

 

FSA-2313 (Farmer)

764.401 (a)

34

1

34

20

     

11

Selection of attorney/title agent

 

 

FSA-2340 (Farmer)

764.402 

31

1

31

10

     

5

Certification of attorney/title company

 

 

FSA-2341, FSA-2342 (Business)

764.402 765.205

10*

1

10

20

     

3

Loan closing instructions

 

 

FSA-2350 (Business)

764.402(d)

10

1.49

15

30

     

8

Report of lien search

 

 

FSA-2360 (Business)

764.402

1*

1

1

30

     

1

Request for waiver of borrower training requirements

 

 

FSA-2370 (Farmer)

764.453

14

1

14

30

     

7

Agreement to complete training

 

 

FSA-2371 (Farmer)

764.452

12

1

12

15

     

3

Borrower training course evaluation - borrower

 

 

FSA-2376 (Farmer)

764.454

12

1

12

15

     

3

Entity information – direct loan application

Non-form (Farmer)

764.51(b)(2)

4

1

4

15

1

Entity information – GLC application-Buyer

Non-form (Farmer)

763.7 (b(3)(iv)

1

1

1

15

1

SUBTOTALS 

32*

     

270

     

134

This form is available electronically.
FSA-85-1 U.S. Department of Agriculture (03-26-03) Farm Service Agency Reporting and Recordkeeping Requirements						1. OMB No.		0560-NEW		2. Title of Clearance		Direct Loan Making Page 5
3.	4.	5.	6.	7.	Annual Burden on the Public (Col. 8 x 9=10 and Col. 10 x 11=12)
Description (Title of Form, Report or Record)	Report	Record	Form No.	Regulation Part/Sec.	8.		9.		10.		11.		12. Total Burden Hours
					No. of Respondents		No. of Reports Filed Per Person		Total Annual Responses		Average Time to Respond		Exempt	Non-Exempt
Documentation other credit is not available – applicant			Non-form (Farmer)	764.51(b)(6)	63		1		63		60			63
Documentation other credit is not available – lender			Non-form (Business)	764.51(b)(6)	20*		3.14		63		60			63
Copy of legal description of RE to be used as security for loan			Non-form (Farmer)	764.51(b)(10)	31		1		31		15			8
Additional Information needed to evaluate application			Non-form (Farmer)	764.51(b)(13)	2		1		2		15			1
Evidence of hazard insurance	 	 	Non-form (Farmer)	764.108	31		1		31		15		     	8
Evidence of flood insurance	 	 	Non-form (Farmer)	764.108	31		1		31		15		     	8
Written declination of credit – EM applicants			Non-form (Farmer)	764.352 (e)	6		2		12		15			3
Written declination of credit – EM – lender			Non-form (Business)	764.352 (e)	4*		3.08		12		30			6
Documentation of losses of livestock/livestock products	 	 	Non-form (Farmer)	764.353, 764.356	34		1		34		15		     	9
SUBTOTALS 					24*		     		279				     	169

This form is available electronically.

FSA-85-1 U.S. Department of Agriculture (03-26-03) Farm Service Agency Reporting and Recordkeeping Requirements

1. OMB No.

0560-NEW

2. Title of Clearance

Direct Loan Making Page 6

3.

4.

5.

6.

7.

Annual Burden on the Public (Col. 8 x 9=10 and Col. 10 x 11=12)

Description (Title of Form, Report or Record)

Report

Record

Form No.

Regulation Part/Sec.

8.

9.

10.

11.

12. Total Burden Hours

No. of Respondents

No. of Reports Filed Per Person

Total Annual Responses

Average Time to Respond

Exempt

Non-Exempt

Travel time

 

 

     

     

     

    

     

     

     

104

 

 

     

     

     

    

     

     

     

     

* Denotes unduplicated respondents

 

 

     

     

     

    

     

     

     

     

 

 

     

     

     

    

     

     

     

     

 

 

     

     

     

    

     

     

     

     

SUBTOTAL

 

 

     

     

    

     

     

104

TOTALS 

339*

     

1,522

     

823