Intermediary Lending Pilot Program Application and Reporting Requirements

Forms and Documents

Document Name	Status
Form SBA FORM 2417 Intermediary Lending Pilot Program application and Reporting Requirements Form and Instruction	New
IDPP SBA System of Records Notice (System 21).pdf Supplementary Document	2011-03-23
ILPP PUBLIC LAW 3-22-11.pdf Supplementary Document	2011-03-23
ILPP Supporting Statement for ILPApplication and Reporting (updated 3-22).docx Supporting Statement A	2011-03-23

IC Document Collections

IC ID	Document Title	Status
197051	Intermediary Lending Pilot Program application and Reporting Requirements Form and Instruction	New

ICR Details

OMB Control No: 3245-0376	ICR Reference No: 201103-3245-003
Status: Historical Active	Previous ICR Reference No:
Agency/Subagency: SBA	Agency Tracking No:
Title: Intermediary Lending Pilot Program Application and Reporting Requirements
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 04/27/2011
	Date Received in OIRA: 03/23/2011
Terms of Clearance: SBA should review all information collections to be consistent with the "plain writing" requirements outlined in OMB M-11-15, “Final Guidance on Implementing the Plain Writing Act of 2010”. This review should include making all "Send To" information clear and easy to understand if the collection is not via an electronic form.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2014	36 Months From Approved
Responses	840	0	0
Time Burden (Hours)	10,520	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: SBA has established a pilot loan program, the Intermediary Lending Pilot Program (ILPP), to make direct loans to eligible intermediaries, for the purpose of making loans to startup, newly established, and growing small business concerns. This requested information, which will be provided by intermediaries that wish to participate in ILPP, will be used to select ILPP intermediaries, to monitor disbursement of ILPP loan proceeds, and to monitor program effectiveness while minimizing risk to the federal taxpayer.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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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:
	75 FR 67803	11/03/2010
30-day Notice:	Federal Register Citation:	Citation Date:
	76 FR 8393	02/14/2011
Did the Agency receive public comments on this ICR? No

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

IC Title	Form No.	Form Name
Intermediary Lending Pilot Program application and Reporting Requirements	SBA FORM 2418 , SBA FORM 2417, DATA FIELDS	APPLICATION FOR SELECTION ,   LIP PROGRAM ACTIVITES REPORT ,   INTERMEDIARY LENDING PROGRAM ELECTRONIC REPORTING SYSTEM

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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	840	0	0	840	0	0
Annual Time Burden (Hours)	10,520	0	0	10,520	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: NEW COLLECTION

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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]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

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: 03/23/2011

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