Food Supply Chain Guarantee Loan Program

ICR 202205-0570-003

OMB: 0570-0077

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supplementary Document
2022-05-20
Supplementary Document
2022-05-20
Supporting Statement A
2022-05-20
IC Document Collections
IC ID
Document
Title
Status
250362 Modified
ICR Details
0570-0077 202205-0570-003
Received in OIRA 202112-0570-001
USDA/RBS
Food Supply Chain Guarantee Loan Program
Revision of a currently approved collection   No
Regular 07/14/2022
  Requested Previously Approved
36 Months From Approved 07/31/2022
6,227 6,802
16,085 17,413
0 0

Section 1001 of the American Recovery Act of 2021, P.L. 117-2 provided funding for fiscal year 2022 (FY22) to the Secretary of Agriculture to provide assistance to maintain and improve food and agricultural supply chain resiliency. The purpose of the Food Supply Chain (FSC) Guaranteed loan is to make funds available to qualified applicants and projects to facilitate financing for the start-up or expansion of activities in the middle of the food supply chain, particularly the aggregation, processing, manufacturing, storing, transporting, wholesaling, or distribution of food, to increase capacity and help create a more resilient, diverse, and secure U.S. food supply chain.

PL: Pub.L. 117 - 2 1001 Name of Law: American Recovery Act of 2021
  
None

Not associated with rulemaking

  86 FR 70086 12/09/2021
87 FR 42138 07/14/2022
No

1
IC Title Form No. Form Name
Food Supply Chain Guarantee Loan Program RD 4281-16, 4281-1, 4281-2, RD 4281-3, RD 4281-4, RD 4281-5, RD 4281-6, RD 4281-7, Rd 4281-8, RD 4281-9, RD 4281-10, RD 4281-11, RD 4281-12, RD 4281-13, RD 4281-15 Application for Food Supply Chain ,   Guaranteed Loan Borrower Status ,   Guaranteed Loan Borrower Default Status ,   Guaranteed Loan Closing Report ,   Final Loss or Bankruptcy Reorg with no collateral ,   Estimated Loss ,   Bankruptcy Reorganization ,   Lender's Agreement ,   Conditional Commitment ,   Loan Note Guarantee ,   Unconditional Guarantee ,   Assignment Guarantee Agreement ,   Lender's Guaranteed Loan Payment to USDA ,   Certificate of Incumbency and Signature ,   Account and User Creation Form

  Total Request 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 6,227 6,802 0 -575 0 0
Annual Time Burden (Hours) 16,085 17,413 0 -1,328 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Miscellaneous Actions
The reduction in estimated burden hours and time burden is the slow ramp-up of this program. The Agency has heard repeatedly that applicants are interested in the program but are unable to find lenders that are interested or understand the business line. While application numbers are slowly increasing, the Agency felt it prudent to reduce respondent numbers which spilled to all aspects of the collection and ultimately reduced the annual time burden.

$1,224,855
No
    No
    No
No
No
No
Yes
Susan Woolard 202 720-9631 [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.
07/14/2022


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