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.
FSA requests a revision of a currently approved information collection. The current burden inventory is 9,063 estimated annual respondents, 174,674 estimated annual responses and 154,631 estimated annual burden hours. With this revision the agency is seeking 5,072 estimated annual respondents, 97,897 estimated annual responses and 125,311 estimated annual burden hours. This reflects a decrease of 3,991 estimated annual respondents, decrease of 76,777 estimated annual responses and a decrease of 29,320 estimated annual burden hours. The reason for the decrease is due to program changes with a drop in Guaranteed loans originated between the years FY 2023 and FY 2025, and the reduction in total number of Guaranteed loans outstanding. Between FY 2022 and FY 2025, the number of Guaranteed loans fell by 31 percent from 52,490 to 35,984. In addition, the number of loss claims and default status reports received is much lower than FY 2022.
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.
Guaranteed Farm Loan Programs