Certified Development Company (CDC) Annual Report Guide

ICR 201704-3245-004

OMB: 3245-0074

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2017-04-27
Supporting Statement B
2017-04-27
Supporting Statement A
2017-04-27
IC Document Collections
IC ID
Document
Title
Status
35621 Modified
ICR Details
3245-0074 201704-3245-004
Historical Active 201402-3245-008
SBA
Certified Development Company (CDC) Annual Report Guide
Revision of a currently approved collection   No
Regular
Approved with change 07/31/2017
Retrieve Notice of Action (NOA) 04/27/2017
  Inventory as of this Action Requested Previously Approved
07/31/2020 36 Months From Approved 07/31/2017
231 0 260
6,468 0 7,280
0 0 0

SBA regulations at 13 CFR, Section 120.830 requires CDCs to submit an annual report which contains financial statements, operational and management information. This information is used by SBA's district offices, Office of Financial Assistance, and Office of Lender Oversight to obtain information from the CDCs that used to evaluate whether CDC's are operating according to the status, regulations and policies governing the CDC loan program (504 program)

US Code: 15 USC 695 Name of Law: 504 and 7(a) Loan Program
  
None

Not associated with rulemaking

  81 FR 75894 11/01/2016
82 FR 69450 04/26/2017
No

1
IC Title Form No. Form Name
CDC Annual Report Guide SBA Form 1253 Certified Development Company (CDC) Annual Report Guide

  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 231 260 0 -29 0 0
Annual Time Burden (Hours) 6,468 7,280 0 -812 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Miscellaneous Actions
The change is due to changes in the CDC industry.

$0
No
No
No
No
No
Uncollected
Mary Frias 202 401-8234 [email protected]

  No

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.
04/27/2017


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