The information is needed to effectively administer the Farm Service Agency (FSA) guaranteed farm loan, EZ Guarantee Program, Micro Lender program (MLP) and land contract guaranteed loan programs.
The adjustments were -4,619 responses and -23,883 burden hours due to less applicants applying for Guaranteed Loans. Overall, the number of respondents decreased by 36 (14,393-14,357 (new)). The annual responses decreased by 27,500 (221,148-193,648(new) while the burden hours decreased by 55,114 (220838-165724(new).
The program changes for the decrease of 22,881 responses and 32,341 hours are due to a drop in Guaranteed loans originated between the years preceding FY 2017 and FY 2020. Between FY 2016 and FY 2019, the number of Guaranteed loans originated fell by 24 percent from 10,047 to 7,611. In addition, the number of loss claims and status reports received is much lower than FY 2017. The travel times was also removed from this request. The annual responses decreased since Form FSA-2233 is no longer a separate response and the hours have been included in the revised Form FSA-2236. Also, reducing the lender reviews cut 835 annual responses from the SEL lender reviews. The burden hours decreased due to the policy change reducing SEL lender reviews and some minor rounding when we estimated the average hours for Form FSA-2211 prorated between the different lender types and applicants. The form FSA-2211 have incorporated Forms FSA-2210, âApplication for EZ Guaranteeâ and FSA-2212, âPreferred Lender Application for Guaranteeâ so those forms have been removed from this collection.
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.