The purpose of the B&I Guaranteed
Loan Program is to improve, develop, or finance business, industry,
and employment and improve the economic and environmental climate
in rurals. This is achieved by bolstering the existing private
credit structure through the guarantee of quality loans which will
provide lasting community benefits.
US Code:
7
USC 1932(a) Name of Law: Consolidated Farm and Rural
Development Act
Adjustments are made because
the number of respondents decreased. The number of respondents
decreased from 600 to 450 for a change of 150 fewer respondents.
The burden hours increased from 13,679 to 14,730 for 1,051 more
burden hours. The number of responses decreased from 5,570 to
5,384, a decrease of 186.
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.