In accordance
with 5 CFR 1320, this ICR package has been approved for 3
years.
Inventory as of this Action
Requested
Previously Approved
08/31/2016
36 Months From Approved
08/31/2013
617
0
1,037
1,269
0
1,494
0
0
0
The purpose of this collection is to
improve, develop, or finance businesses, industries, and employment
and improve the economic and environmental climate in rural
communnities. The collection of information will assist the Agency
loan officers and approval officials in determining program
eligibility and program monitoring.
US Code:
7 USC
1932 Name of Law: Consolidated Farm and Rural Development
Act
This package reflects minor
decrease in burden hours by 225 hours. Sales of guaranteed loans on
the secondary market have decreased from 750 to 300, as only about
50 percent of the loans are sold on the secondary market, not 100
percent. Finally, the number of eligible lender applications has
decreased from 35 to 25 annually.
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.