Online Loan Application

ICR 202309-0560-002

OMB: 0560-0317

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2023-09-26
Supplementary Document
2023-09-25
Supplementary Document
2023-09-26
IC Document Collections
IC ID
Document
Title
Status
262345 New
ICR Details
202309-0560-002
Received in OIRA
USDA/FSA
Online Loan Application
New collection (Request for a new OMB Control Number)   No
Regular 10/01/2023
  Requested Previously Approved
36 Months From Approved
39,330 0
59,389 0
0 0

FSA implemented the Online Loan Application to collect information electronically. FSA is using and collecting the information that is necessary to thoroughly evaluate the applicant’s request for a direct loan to ensure that: the applicant meets the established program eligibility requirements; their cash flow projections used in determining loan repayment are based on the actual financial and production history of the operation and a loan is adequately secured.

PL: Pub.L. 87 - 128 311-319 Name of Law: CONACT
  
None

Not associated with rulemaking

  88 FR 47102 07/21/2023
88 FR 67225 09/29/2023
Yes

1
IC Title Form No. Form Name
Online Loan Application

  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 39,330 0 0 39,330 0 0
Annual Time Burden (Hours) 59,389 0 0 59,389 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
This is a new information collection request.

$1,959,814
No
    No
    Yes
No
No
No
No
Mary Ann Ball 202-720-4283 [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.
10/01/2023


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