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Federal forms, ICRs, and supporting documents

Information Collection Request

Secondary Market for Section 504 First Mortgage Loan Pool Program

ICR 200907-3245-001 · OMB 3245-0367 · Historical Inactive

Forms and Documents
DocumentTypeStatusAvailability
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC IDCollectionTypeStatusForm
190059 Secondary Market for Section 504 First Mortgage Loan Pool Program New
ICR Details
3245-0367 200907-3245-001
Historical Inactive
SBA
Secondary Market for Section 504 First Mortgage Loan Pool Program
New collection (Request for a new OMB Control Number)   No
Emergency 08/01/2009
Preapproved 10/26/2009
Retrieve Notice of Action (NOA) 07/24/2009
  Inventory as of this Action Requested Previously Approved
04/30/2010 6 Months From Approved
12,490 0 0
33,075 0 0
0 0 0
This information collection captures the terms and conditions of the Small Business Administration's (SBA) new Secondary Market for Section 504 First Mortgage Loan Pool Program. SBA needs this information collection is order to identify program participants, terms of financial transactions involving federal government guaranties, and reporting on program efficiency. This information collection is associated with Interim Final Rule,
Section 503 of the American Recovery and Reinvestment Act of 2009 (the Recovery Act), P.L. 111-5 authorizes the Small Business Administration (SBA) to establish the SBA Secondary Market Guarantee Authority within SBA to provide a Federal guarantee for pools of 504 First Mortgage loans that are to be sold to third party investors. In order to implement this program without further delay, SBA is requesting approval on an emergency basis for this new information collection that is the central to the pool application and guarantee process.
PL: Pub.L. 111 - 5 503 Name of Law: American Recovery and Reinvestment Act of 2009
  
None
3245-AF90 Final or interim final rulemaking
No
1
IC Title Form No. Form Name
Secondary Market for Section 504 First Mortgage Loan Pool Program SBA Form 2404, SBA Form 2402, SBA Form 2401 (Final Version 10/09), SBA Form 2403
  Total Request Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 12,490 0 0 12,490 0 0
Annual Time Burden (Hours) 33,075 0 0 33,075 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
New information collection
No
No
Uncollected
Uncollected
Yes
Uncollected
James Hammersley 202 205-6490
  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.
07/24/2009