Microloan Operating Loan - Direct Loan Making

Forms and Documents

Document Name	Status
Form FSA-2330 Mircoloan Operating Loan - Direct Loan Making Form	Modified
ML_SupportingStatement_2012[1].docx Supporting Statement A	2012-12-19
FSA-85-1_Reporting_and_Recordkeeping_Requirement_for_ML[1].docx Supplementary Document	2012-05-30

IC Document Collections

IC ID	Document Title	Status
202372	Mircoloan Operating Loan - Direct Loan Making Form	Modified

ICR Details

OMB Control No: 0560-0281	ICR Reference No: 201301-0560-001
Status: Historical Active	Previous ICR Reference No: 201211-0560-003
Agency/Subagency: USDA/FSA	Agency Tracking No:
Title: Microloan Operating Loan - Direct Loan Making
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: 01/25/2013
	Date Received in OIRA: 01/25/2013
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2016	36 Months From Approved
Responses	29,372	0	0
Time Burden (Hours)	22,045	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: To implement a new application process and options for eligibility determination for small loans within existing Operating Loan (OL) program.

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Authorizing Statute(s): US Code: 7 USC 1921 Name of Law: Consolidated Farm and Rural Development Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
0560-AI17	Final or interim final rulemaking	78 FR 3828	01/17/2013

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? Yes

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

IC Title	Form No.	Form Name
Mircoloan Operating Loan - Direct Loan Making	FSA-2330, FSA-2002, FSA-2004, FSA-2007, FSA-2014, FSA-2015, FSA-2026, FSA-2027, FSA-2028, FSA-2029D, FSA-2029m, FSA-2041, FSA-2042, FSA-2043, FSA-2313, FSA-2360, FSA-2370, FSA-2371, FSA-2376, FSA-2003	Request for Loan Making Assistance ,   Three-Year Financial History ,   Three Year Production History ,   Authorization to release information ,   Statement Required by the Privacy Act ,   Verification of income - loan making (only if additonal info required) ,   Verificaiton of debts and assets - OL (if only if additonal info required) ,   Promissory Note ,   Supplement payment agreement ,   Security Agreement - OL lien on property financed ,   Deed of Trust ,   RE Mortgage ,   Assignment of proceeds and consent to payment ,   Assignment of dairy proceeds - applicant and purchaser ,   Assignment of proceeds and consent to payment ,   Borrower training course evaulation ,   Notification of loan approval and conditions ,   Report of Lien Search ,   Request for waiver of borrower training requirements ,   Agreement to complete training

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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	29,372	0	0	29,372	0	0
Annual Time Burden (Hours)	22,045	0	0	22,045	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: Changing Regulations

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

Burden Reduction Due to:

Short Statement: This is a new informaton collection request resulting in a program change of 22,045 burden hours.

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Annual Cost to Federal Government: $4,537,680

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: 12/19/2012

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