This information collection is currently approved for use in all of SBAâs 7(a) Loan Programs. The collection consists of SBA Forms 1919, 1920, 2237, and 2449. SBA revised Form 1920 to conform to changes to the regulations (RIN 3245-AG04); governing the 7(a) and 504 loan programs, specifically, the elimination of the personal resources test as a factor in determining whether to make financing available.
Inventory as of this Action
Requested
Previously Approved
04/30/2017
36 Months From Approved
08/31/2014
192,334
0
126,834
68,315
0
68,273
0
0
0
Section 7(a) of the Small Business Act authorizes the Small Business Administration to guaranty loans in each of the 7(a) Programs. The regulations covering these and other loan programs at 13 CFR Part 120 require certain information from loan applicants and lenders that is used to determine program eligibility and compliance.
US Code:
15 USC 695
Name of Law: 504 and 7(a) Loan Program
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.
SBA Express and Pilot Loan Programs (Export Express, Community Express and Patriot Express)