U.S. Small Business Administration Application for Section 504 Loan

ICR 200701-3245-002 · OMB 3245-0071 · Historical Active

⚠️ Notice: This information collection may be outdated. More recent filings for OMB 3245-0071 can be found here:

Forms and Documents

Document	Type	Status	Availability
Form 1244 U.S. Small Business Administration Application for Section 504 Loan	Form	Modified	Available
SBA Form 1244 Supporting Statement.pdf	Supporting Statement A	Uploaded 2007-01-23	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
35619	U.S. Small Business Administration Application for Section 504 Loan	Form	Modified

ICR Details

OMB Control No: 3245-0071	ICR Reference No: 200701-3245-002
Status: Historical Active	Previous ICR Reference No: 200504-3245-002
Agency/Subagency: SBA	Agency Tracking No:
Title: U.S. Small Business Administration Application for Section 504 Loan
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 04/16/2007
Retrieve Notice of Action (NOA)	Date Received in OIRA: 01/23/2007
Terms of Clearance: The agency needs to ensure it provide complete and correct information for each IC, including the Federal Enterprise Architecture Line of Business and the number of small entity respondents.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2010	36 Months From Approved	04/30/2007
Responses	10,000	0	10,000
Time Burden (Hours)	21,600	0	20,800
Cost Burden (Dollars)	0	0	0

Abstract: Information necessary for SBA to determine whether loan applicant meets SBA's credit and regulatory criteria. Respondents are small business concerns and Development Companies which are certified by SBA to package 504 loans.

Authorizing Statute(s): US Code: 15 USC $$636(a) (6) and 687(f) Name of Law: CDC

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	71 FR 36382	06/26/2006
30-day Notice:	Federal Register Citation:	Citation Date:
	72 FR 603	01/05/2007
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
U.S. Small Business Administration Application for Section 504 Loan	1244	U.S. Small Business Administration Application for Section 504

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	10,000	10,000	0
Annual Time Burden (Hours)	21,600	20,800	800
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: Burden has increase to reflect the inclusion of the burden for non-ASM submissions, which was previously omitted.

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? Yes

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Andrew McConnell 202 205-7238

Common Form ICR: No