THIS FORM DESCRIBES THE RIGHTS AND RESPONSIBILITIES OF THE SBA, A LENDER, THE INVESTOR, AND THE FISCAL AND TRANSFER AGENCY (FTA) WHEN TH GUARANTEED PORTION OF AN SBA 7(A) LOAN IS SOLD. THE ESTIMATES FOR REPORTING AND DISCLOSURE BURDEN INCLUDE THE PRIMARY EVENTS CONTROLLED THIS FORM (LENDER FORWARDS PAYMENTS TO FTA), AS WELL AS OCCASIONAL REQUIREMENTS (E.G., LENDER NOTIFIES FTA OF DEFAULT).
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.