These forms are approved on the condition that all references to 'SIC Code' are changes to 'NAICS Code'. OMB also suggests the development of a coverpage to these forms explaining the programs, the context for these forms, and more clearly describing how the applicants participate in the programs. OMB also encourages the development of electronic applications, as required by the Government Paperwork Elimination Act.
Inventory as of this Action
Requested
Previously Approved
11/30/2004
11/30/2004
11/30/2001
60,000
0
60,000
1,200,000
0
1,187,000
0
0
0
The following forms are used to receive essential information from the small business applicant and the participating lender for the purpose of extending credit under the 7(a) program.
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.