Guaranteed Farm Loan Programs

Forms and Documents

Document Name	Status
Justification 2020.docx Justification for No Material/Nonsubstantive Change	2020-10-16
Supporting Statement 2020 (1) (1).docx Supporting Statement A	2020-07-22
Reporting and Recordkeeping Requirements.xlsx Supplementary Document	2020-07-07

IC Document Collections

IC ID	Document Title	Status
36839	Guaranteed Farm Loan Programs Instruction	Modified

ICR Details

OMB Control No: 0560-0155	ICR Reference No: 202010-0560-001
Status: Active	Previous ICR Reference No: 202006-0560-002
Agency/Subagency: USDA/FSA	Agency Tracking No:
Title: Guaranteed Farm Loan Programs
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 11/03/2020
	Date Received in OIRA: 10/27/2020
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2023	09/30/2023	09/30/2023
Responses	193,648	0	193,648
Time Burden (Hours)	165,724	0	165,724
Cost Burden (Dollars)	0	0	0

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Abstract: The information is needed to effectively administer the Farm Service Agency (FSA) guaranteed farm loan, EZ Guarantee Program, Micro Lender program (MLP) and land contract guaranteed loan programs.

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Authorizing Statute(s): PL: Pub.L. 109 - 171 116 Name of Law: CONTACT
  

Citations for New Statutory Requirements: None

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

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 9722	02/20/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 43806	07/20/2020
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Guaranteed Farm Loan Programs	FSA-2253, FSA-2261, FSA-2241, FSA-2242, FSA-2211, FSA 2254, FSA-2232, FSA-2205, FSA-2684, FSA-2248, FSA-2252, FSA-2201, FSA-2680, FSA-2681, FSA-2683, FSA-2682, FSA-2254A, FSA-2236, FSA-2221, FSA-2251, FSA-2222	Guaranteed Loan Closing Report ,   Guaranteed Loan Status Report ,   Assignment of Guarantee ,   Lender's Agreement ,   Application for Guarantees ,   Interest Assistance Payment ,   Request for Interest Assistance ,   Guaranteed Farm Loan Default Status ,   Lenders Guaranteed Loan Payment to USDA ,   Farm Loan Programs Guaranteed Writedown Worksheet ,   Shared Appreciation Agreement for Guaranteed Loans ,   Report on Collection Activities on Liquidated Accounts ,   Guaranteed Loan Report of Loss ,   Guaranteed Loan Report of Loss - Report Types 1, 2, 5, 6 and 7 ,   NOTICE OF INTEREST IN LAND CONTRACT GUARANTEE ,   LAND CONTRACT AGREEMENT FOR PROMPT PAYMENT GUARANTEE ,   LAND CONTRACT AGREEMENT FOR STANDARD GUARANTEE ,   REQUEST FOR LAND CONTRACT GUARANTEE ASSISTANCE ,   CONDITIONAL COMMITMENT ,   GUARANTEED MICRO LENDER APPLICATION ,   LAND CONTRACT RECAPTURE AGREEMENT

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ICR Summary 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	193,648	193,648	0	0	0	0
Annual Time Burden (Hours)	165,724	165,724	0	0	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: No

Burden Reduction Due to:

Short Statement: The adjustments were -4,619 responses and -23,883 burden hours due to less applicants applying for Guaranteed Loans. Overall, the number of respondents decreased by 36 (14,393-14,357 (new)). The annual responses decreased by 27,500 (221,148-193,648(new) while the burden hours decreased by 55,114 (220838-165724(new). The program changes for the decrease of 22,881 responses and 32,341 hours are due to a drop in Guaranteed loans originated between the years preceding FY 2017 and FY 2020. Between FY 2016 and FY 2019, the number of Guaranteed loans originated fell by 24 percent from 10,047 to 7,611. In addition, the number of loss claims and status reports received is much lower than FY 2017. The travel times was also removed from this request. The annual responses decreased since Form FSA-2233 is no longer a separate response and the hours have been included in the revised Form FSA-2236. Also, reducing the lender reviews cut 835 annual responses from the SEL lender reviews. The burden hours decreased due to the policy change reducing SEL lender reviews and some minor rounding when we estimated the average hours for Form FSA-2211 prorated between the different lender types and applicants. The form FSA-2211 have incorporated Forms FSA-2210, “Application for EZ Guarantee” and FSA-2212, “Preferred Lender Application for Guarantee” so those forms have been removed from this collection.

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Annual Cost to Federal Government: $9,657,280

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.     Yes

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? No

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Common Form ICR:  No

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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: 10/27/2020

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