This is a joint application form for working capital load guarantees provided by Ex-Im Bank and the Small Business Administration. Ex-Im Bank is the U.S. Government agency (created by the Export-Import Bank of 1945 as amended) that facilitates the export financing of U.S. goods and services. This collection of information is necessary under Sec. 635(a) (1) to determine eligibility of applicant for Ex-Im Bank assistance or participation.
The Small Business Administration is the U.S. Government Agency (created by the Small Business Act, as amended) that aids and assists small businesses to increase their ability to compete in international markets by enhancing their ability to export. This collection of information is necessary under Section 7(a) (14) of the Small Business Act (15 U.S.C. 636 (a) (14) to determine eligibility of applicant for SBA assistance or participation.
US Code:
12 USC 635
Name of Law: Export-Import Bank Act of 1945
US Code:
15 USC 636
Name of Law: Small Business Act
Ex-Im Bank and SBA has recalculated the time and average hourly cost to the Government. Also Ex-Im Bank has received more applications in the last three (3) years and therefore the Government's burden for review has inceased.
When Ex-Im Bank submitted the original Supporting Statement in August 2012 we were unaware that we needed to report the fact that Ex-Im Bank collects an application fee for this form.
Sections 13 and 15 of the new Supporting Statement reflect the amount of fees collected by Ex-Im Bank.
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.