Information collection is necessary to
ensure Microloan Program activity meets the statutory goals of
assisting mandated target market. The information is used by the
reporting participants and the SBA to assist with portfolio
management, risk management, loan servicing, oversight and
compliance, data management and understanding of short and long
term trends and development of outcome measures.
This submission includes higher
estimated hours than previous burden estimates because loan volume
has increased and also due to an adjustment in hours previously
underreported
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.