OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Form of Detached Assignment for U.S. Small Business Administration Loan Pool or Guaranteed Interest Certificate

ICR 202508-3245-002 · OMB 3245-0212 · Active

Forms and Documents
DocumentTypeStatusAvailability
Form SBA Form 1088 Detached Assignment for U.S. Small Business Administration Loan Pool or Guaranteed Interest Certificate Form and Instruction Modified Available
Non-Substantive Revision Memo - Form 1088 (FINAL).docx Justification for No Material/Nonsubstantive Change Uploaded 2025-08-07 Available
3245-0212 FORM 1088 STATUTORY AUTHORITY 11-30-2023.docx Supplementary Document Uploaded 2023-11-30 Available
3245-0212 Supporting Statement - Form 1088 (FINAL 11-30-23).docx Supporting Statement A Uploaded 2023-11-30 Available
IC Document Collections
IC IDCollectionTypeStatusForm
35733 Form of Detached Assignment for U.S. Small Business Administration Loan Pool or Guaranteed Interest Certificate Form and Instruction ModifiedDetached Assignment for U.S. Small Business Administration Loan Pool or Guaranteed Interest Certificate
ICR Details
3245-0212 202508-3245-002
Active 202311-3245-003
SBA
Form of Detached Assignment for U.S. Small Business Administration Loan Pool or Guaranteed Interest Certificate
No material or nonsubstantive change to a currently approved collection   No
Regular
Approved without change 08/07/2025
Retrieve Notice of Action (NOA) 08/07/2025
  Inventory as of this Action Requested Previously Approved
01/31/2027 01/31/2027 01/31/2027
9,200 0 9,200
13,800 0 13,800
414,000 0 414,000
The Small Business Administration requires information to be disclosed to the buyer when a secondary market loan is transferred from one investor to another. This information includes a constant annual prepayment rate based upon the seller's analysis pf prepayment histories of SBA guaranteed loans with similar maturities. Additionally, information is required on the terms. conditions and yield of the security being transferred.
US Code: 15 USC 634(h)(1)(c)
  
None
Not associated with rulemaking
  88 FR 32226 05/19/2023
88 FR 77653 11/13/2023
No
  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 9,200 9,200 0 0 0 0
Annual Time Burden (Hours) 13,800 13,800 0 0 0 0
Annual Cost Burden (Dollars) 414,000 414,000 0 0 0 0
No
No
No
    No
    No
No
No
No
No
Mary Frias 202 401-8234 [email protected]
  No
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.
08/07/2025