SBA has been notified that they must modify their automated system to be able to give respondents the opportunity to select more than one racial category per the standards for the classification of Federal data on race and ethnicity outlined by OMB on October 30, 1997.
Inventory as of this Action
Requested
Previously Approved
10/31/2010
36 Months From Approved
10/31/2007
2,500
0
2,500
625
0
625
0
0
0
Information collection is needed to ensure that Microloan Program activity meets the statutory goals of assisting the statutorily mandated target market. The information is used by the reporting participants and the SBA to assist with portfolio management risk management, loan servicing and collections and to enable SBA to ensure that targeted groups are being served, and understand trends over time. It also allows SBA to monitor use of funds, ensure compliance, and provide education.
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.
Microloan SBAct.pdf
Micrloan Supporting statement.doc
Microloan Program Electronic Reporting System (MPERS) (MPERsystem)