Guaranteed Loanmaking and Servicing Regulations

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form RD 4279-1 Guaranteed Loanmaking and Servicing Regulations- Private Sector	Form	Modified	Repair queued
Form Rd 4279-2 Guaranteed Loanmaking and Servicing Regulations- State, Local, and Tribal Governments	Form	Modified	Available
30 day FRN 0570-0069.pdf	Supplementary Document	Uploaded 2019-10-01	Available
SS 0570-0069 (2019) r1.docx	Supporting Statement A	Uploaded 2019-06-26	Available
60-Day Notice - 0570-0069.docx	Supplementary Document	Uploaded 2019-06-18	Available
FR 60-Day Notice.pdf	Supplementary Document	Uploaded 2019-06-18	Repair queued
0570-0069 Spreadsheet (2019).xlsx	Supplementary Document	Uploaded 2019-06-18	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
212859	Guaranteed Loanmaking and Servicing Regulations- Private Sector	Form	Modified
212856	Guaranteed Loanmaking and Servicing Regulations- State, Local, and Tribal Governments	Form	Modified

ICR Details

OMB Control No: 0570-0069	ICR Reference No: 201903-0570-001
Status: Historical Active	Previous ICR Reference No: 201605-0570-005
Agency/Subagency: USDA/RBS	Agency Tracking No:
Title: Guaranteed Loanmaking and Servicing Regulations
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 11/05/2019
	Date Received in OIRA: 07/02/2019
Terms of Clearance: In accordance with 5 CFR 1320, the information collection is approved for three years.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2022	36 Months From Approved	11/30/2019
Responses	26,776	0	27,076
Time Burden (Hours)	37,959	0	38,909
Cost Burden (Dollars)	0	0	0

---

Abstract: The Business and Industry (B&I) program was legislated in 1972 under Section 310B of the Consolidated Farm and Rural Development Act, as amended. The purpose of the program is to improve, develop, or finance businesses, industries, and employment and improve the economic and environmental climate in rural communities. This purpose is achieved through bolstering the existing private credit structure through the guaranteeing of quality loans made by lending institutions, thereby providing lasting community benefits. The B&I program is administered by the Agency through Rural Development State and sub-State Offices serving each State.

---

Authorizing Statute(s): PL: Pub.L. 92 - 419 310B Name of Law: Consolidated Farm and Rural Development Act of 1972
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 16838	04/23/2019
30-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 31561	07/02/2019
Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 2

table that charts list of burden

IC Title	Form No.	Form Name
Guaranteed Loanmaking and Servicing Regulations- State, Local, and Tribal Governments	Rd 4279-2, RD 4279-4, RD 4279-6, RD 4279-14, RD 1980-41, RD 1980-43, RD 1980-44, RD 1940-20, RD 4279-3, RD 1980-19, RD 449-30, RD 4279-1	Certification of Non-Relocation & Market & Capacity Information Report ,   Conditional Commitment ,   Lender's Agreement ,   Assignment Guarantee Agreement ,   Unconditional Guarantee ,   Guaranteed Loan Status Report ,   Lender's Guaranteed Loan Payment to USDA ,   Guaranteed Loan Borrower Default Status ,   Guaranteed Loan Closing Report ,   Request for Environmental Information ,   Loan Note Guaranteed Report of Loss ,   Application for Loan Guarantee
Guaranteed Loanmaking and Servicing Regulations- Private Sector	RD 4279-1, RD 4279-2, RD 1980-41, RD 4279-3, RD 4279-4, RD 4279-6, RD 4279-14, RD 1980-19, Rd 1980-43, RD1980-44, RD 1940-20, RD 449-30	Application for Loan Guarantee ,   Certification of Non-Relocation and Market Capacity Information Report ,   Conditional Commitment ,   Lender's Agreement ,   Assignment Guarantee Agreement ,   Unconditional Guarantee ,   Guaranteed Loan Closing Report ,   Guaranteed Loan Status Report ,   Lender's Guaranteed Loan Payment to USDA ,   Guaranteed Loan Borrower Default Status ,   Request for Environmental Information ,   Loan Note Guaranteed Report of Loss

---

ICR Summary of Burden

table that charts list 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	26,776	27,076	0	-300	0	0
Annual Time Burden (Hours)	37,959	38,909	0	-950	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The decrease is based on a reduction in respondents.

---

Annual Cost to Federal Government: $1,118,988

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     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

---

Common Form ICR:  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:

(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: 07/02/2019

---