Gulf Opportunity Pilot Loan Program (GO Loan Pilot)

ICR 201011-3245-001

OMB: 3245-0355

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2010-11-17
IC Document Collections
ICR Details
3245-0355 201011-3245-001
Historical Active 200901-3245-001
SBA
Gulf Opportunity Pilot Loan Program (GO Loan Pilot)
Revision of a currently approved collection   No
Regular
Approved without change 01/03/2011
Retrieve Notice of Action (NOA) 11/17/2010
The information collection is approved through September 30, 2011, which is consistent with SBA's published notice on August 30, 2010(75 FR 53007) extending the pilot.
  Inventory as of this Action Requested Previously Approved
09/30/2011 36 Months From Approved 12/31/2010
580 0 180
382 0 180
0 0 0

Since 2005 SBA has been opening the Gulf Opportunity Pilot Loan Program, which provides financing to small businesses in communities located to or re-locating in the parishes/counties that were Presidential declared disaster area as a results of Hurricanes Katrina or Rita plus any parishes/counties contiguous to these parishes. This information is collected from those parishes. This information is collected from those lenders and small business owners who participate or seek to participate in the program and is used for portfolio risk management loan monitoring and lender oversight.

None
None

Not associated with rulemaking

  75 FR 20870 04/21/2010
75 FR 70339 11/17/2010
No

  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 580 180 0 400 0 0
Annual Time Burden (Hours) 382 180 0 202 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Changing Regulations
No
There has been an increase of 202 responses due to the increase in usage of the program by lenders.

$0
No
No
No
No
No
Uncollected
Sandra Johnston 202 205-7528 [email protected]

  No

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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
11/17/2010


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