SBA's Office of Credit Risk Management (OCRM) oversees and monitors SBA's 7(A) Lenders, Certified Development Companies Microloan Lenders, and Non-Lending Technical Assistance Providers. In connection with this oversight, SBA request that these entities provide information related to their operations and lending activity.
Previous estimates were made during the early implementation of the reporting requirements described in number A.1 above. Based on our experience with the oversight program, and discussions with those involved with the process, we are able to revise the burden to more accurately reflect time spent on preparing the reports.
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.