Spreadsheet

2016 4279-B Burden 0570-0017.xls

7 CFR 4279-B, Guaranteed Loanmaking - Business and Industry Loans

Spreadsheet

OMB: 0570-0017

Document [xlsx]
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Overview

Sheet1
Cost to the Federal Government

Sheet 1: Sheet1

REPORTING REQUIREMENTS - NO FORMS






Form
Estimated
Estimated
Reports
Total
Est'd # of
Estimated


Cost to












Section of
Title
Number
Lender
Borrower
Filed
Annual
Man-hours
Total
Wage
the












Regulations


(if any)
Respondents
Respondents
Annually
Responses
per response
Man-hours
Class
Public












4279.113(y)
Financing housing
Written
-
5
on
5
5.0
25.0
$36
$900














development sites






occasion






















4279.119
Loan guarantee limits
Letter
4
-
on
4
0.5
2.0
$36
$72












(a)(2)








occasion






















4279.125(b)
Interest rate change
Letter
15
-
on
15
0.5
7.5
$36
$270






















occasion






















4279.131(a-f)
Credit quality analysis
Written
450
-
on
450
2.5
1,125.0
$36
$40,500












4279.161(b)(8)








occasion






















4279.137
Financial statements
Written
19
-
on
19
0.20
3.8
$36
$137






















occasion






















4279.143(a)
Hazard insurance
Assignment
-
19
on
19
1.5
28.5
$36
$1,026






















occasion






















4279.143(b-c)
Life insurance
Assignment
-
75
on
75
1.5
112.5
$36
$4,050






















occasion






















4279.143(d-e)
Flood and other
Assignment
-
19
on
19
1.5
28.5
$36
$1,026














insurance






occasion






















4279.144 &
Appraisal reports
Written
-
38
on
38
2.0
76.0
$36
$2,736












4279.161(b)(6)


report




occasion






















4279.150 &
Feasibility studies
Written
-
135
on
135
24.0
3,240.0
$36
$116,640












4279.161(b)(13)


report




occasion






















4279.156
Planning and performing
Written
150
-
on
150
4.0
600.0
$36
$21,600














development
reports




occasion






















4279.161(a)
Preapplication
Letter & written
38
38
on
76
2.0
152.0
$36
$5,472












(1)(3-4)
requirements
evidence




occasion






















4279.161(b) & (c)
Application
Document &
225
225
on
450
3.5
1,575.0
$36
$56,700













requirements
other evidence




occasion












































































































































































































































































































































































































REPORTING REQUIREMENTS - NO FORMS (Cont'd)
















Form
Estimated
Estimated
Reports
Total
Est'd # of
Estimated


Cost to












Section of
Title
Number
Lender
Borrower
Filed
Annual
Man-hours
Total
Wage
the












Regulations


(if any)
Respondents
Respondents
Annually
Responses
per response
Man-hours
Class
Public












4279.174(a-b)
Transfer of lender
Letter &
15
-
on
15
1.0
15.0
$36
$540
















evidence




occasion






















4279.180
Changes in borrower
Letter &
3
-
on
3
1.0
3.0
$36
$108
















evidence




occasion






















4279.181(a-n)
Conditions precedent to
Written
413
-
on
413
2.0
826.0
$36
$29,736














issuance of loan note guarantee






occasion






















4279.186
Issuance of Loan Note
Document
413
-
on
413
1.0
413.0
$36
$14,868














Guarantee






occasion






















4279.187
Refusal to execute Loan
Letter/written
7
-
on
7
3.0
21.0
$36
$756














Note Guarantee
evidence




occasion






















REPORTING REQUIREMENTS - FORMS












4279.161(b)(2)
Application for Loan
4279-1
208
208
on
416
4.0
1,664.0
$36
$59,904














Guarantee (B&I)






occasion






















4279.161(c)
Application for Loan
4279-1A
19
19
on
38
4.5
171.0
$36
$6,156














Guarantee (B&I One-Doc)






occasion






















4279.161(a)(2)
Certification of Non-
4279-2


15
on
15
2.0
30.0
$36
$1,080














Relocation & Market






occasion
























Capacity Report






























4279.173
Conditional
4279-3
431
-
on
431
1.5
646.5
$36
$23,274














Commitment



occasion






$-












4279.186(a)
Lenders Agreement
4279-4
263
-
on
263
2.0
526.0
$36
$18,936



















occasion



















4279.75(a)
Assignment Guarantee
4279-6
300
-
on
300
0.5
150.0
$36
$5,400













Agreement



occasion



















4279.149(a)
Unconditional Guarantee
4279-14


413
on
413
0.5
206.5
$36
$7,434





















occasion






















4279.161(b)(3)
Request for
1940-20
188
188
1
376
6.0 2,256.0
$36
$81,216














Environmental Review






























4279.186(a)(3)
Guaranteed Loan
1980-19
413
413
1 826
1.0
826.0
$36
$29,736














Closing Report






























Grand Total






5,384


14,730


$530,273












RECORDKEEPING REQUIREMENTS












All recordkeping requirements are reported in 4287.107(d) -- (0570-0016)





























































































































































































































































































































Sheet 2: Cost to the Federal Government
Cost to the Federal Government
Activity
Number
# of Hours
Rate
TOTAL
Review preapplication
75
6
$46.40
$20,880
material, DOL







Assigning of Loan Priority
450
0.5
$46.40
$10,440
Points







Review application &
469
20
$46.40
$435,232
lender analysis; site







visit, negotiations, &







env. assessment







Approve loan and
446
8
$46.40
$165,555
obligate funds







Review documents and
428
6
$46.40
$119,155
issue guarantee







ANNUALIZED TOTAL






$751,262









The reviews are typically completed by GS-11 & 12 State Loan Specialists and GS-13







State Program Directors. The loans are typically approved by the State Director.







The GS-8 or 9 State Loan Technician typically does the data entry in the computer system.







File Typeapplication/vnd.ms-excel
AuthorRDA
Last Modified ByBrown, Kimble - RD, Washington, DC
File Modified2016-05-26
File Created2002-10-30
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