U.S. International Development Finance Corporation – Defense Production Act Loan Application (DFC-DPA Loan Application).
ICR Details
Reginfo record details
3015-0013
202006-3015-001
Historical Active
DFC
DFC-014
U.S. International Development Finance Corporation â Defense Production Act Loan Application (DFC-DPA Loan Application).
New collection (Request for a new OMB Control Number)
No
Emergency
06/04/2020
Approved without change
06/05/2020
06/04/2020
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
12/31/2020
6 Months From Approved
100
0
0
150
0
0
11,250
0
0
The need for the collection is so that private sector entities can apply for a DFC-Defense Production Act (DPA) Loan. The uses of the collection will be to undertake screening and origination of the DFC-DPA should it be eligible.
The intent of EO 13922 is that DFC respond to the COVID-19 outbreak expeditiously. This intent, along with the need to address the dramatic toll the COVID-19 outbreak has had on the United States economy and critical infrastructure, presents an urgent and compelling circumstance that makes compliance with prior notice and comment period period impracticable. Specifically, companies need to be informed on how to apply for a DFC-DPA loan and DFC needs to be able to begin screening and underwriting prospective projects as soon as possible. As this is a time-limited program and project origination can take months, the ability to implement this program is time sensitive.
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.