SBA should consider ways to consolidate these collections and if possible make them available via web-based forms. These considerations should be included in the resubmittal of this ICR in three years.
Inventory as of this Action
Requested
Previously Approved
11/30/2011
36 Months From Approved
11/30/2008
48
0
50
43
0
45
720
0
1,000
Applicants for SBA-guaranteed commitment must complete these forms as part of the application process. SBA uses the information to make informed and proper credit decisions and to establish the SBIC's eligibility for leverage and need for funds.
The volume of commitment applications received has declined in the last three fiscal years - while the average amount of each commitment application has increased. The estimated number of commitment applications received each fiscal year has been revised from 50 to 48 to account for this modest reduction in level of application.
$702
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Harry Haskins 202 205-6694
No
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.