OMB Control No:
0560-0281
ICR Reference No:
201301-0560-001
Status:
Historical Active
Previous ICR Reference No:
201211-0560-003
Agency/Subagency:
USDA/FSA
Agency Tracking No:
Title:
Microloan Operating Loan - Direct Loan Making
Type of Information Collection:
New collection (Request for a new OMB Control Number)
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
01/25/2013
Retrieve Notice of Action (NOA)
Date Received in OIRA:
01/25/2013
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
01/31/2016
36 Months From Approved
Responses
29,372
0
0
Time Burden (Hours)
22,045
0
0
Cost Burden (Dollars)
0
0
0
Abstract:
To implement a new application process and options for eligibility determination for small loans within existing Operating Loan (OL) program.
Authorizing Statute(s):
US Code:
7 USC 1921
Name of Law: Consolidated Farm and Rural Development Act
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
0560-AI17
Final or interim final rulemaking
78 FR 3828
01/17/2013
Federal Register Notices & Comments
Did the Agency receive public comments on this ICR?
Yes
Number of Information Collection (IC) in this ICR:
1
IC Title
Form No.
Form Name
Mircoloan Operating Loan - Direct Loan Making
FSA-2330, FSA-2002, FSA-2004, FSA-2007, FSA-2014, FSA-2015, FSA-2026, FSA-2027, FSA-2028, FSA-2029D, FSA-2029m, FSA-2041, FSA-2042, FSA-2043, FSA-2313, FSA-2360, FSA-2370, FSA-2371, FSA-2376, FSA-2003
Request for Loan Making Assistance
,
Three-Year Financial History
,
Three Year Production History
,
Authorization to release information
,
Statement Required by the Privacy Act
,
Verification of income - loan making (only if additonal info required)
,
Verificaiton of debts and assets - OL (if only if additonal info required)
,
Promissory Note
,
Supplement payment agreement
,
Security Agreement - OL lien on property financed
,
Deed of Trust
,
RE Mortgage
,
Assignment of proceeds and consent to payment
,
Assignment of dairy proceeds - applicant and purchaser
,
Assignment of proceeds and consent to payment
,
Borrower training course evaulation
,
Notification of loan approval and conditions
,
Report of Lien Search
,
Request for waiver of borrower training requirements
,
Agreement to complete training
ICR Summary of Burden
Total Approved
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
29,372
0
0
29,372
0
0
Annual Time Burden (Hours)
22,045
0
0
22,045
0
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
Yes
Burden Increase Due to:
Changing Regulations
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
This is a new informaton collection request resulting in a program change of 22,045 burden hours.
Annual Cost to Federal Government:
$4,537,680
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?
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
No
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
No
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
No
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
Mary Ann Ball 202-720-4283 [email protected]