Cost to the Federal Goverment

The annual burden to the Federal Government per hour per form is calculated in the following table:

Information Collection subject to PRA	Title	Description of Respondents	Total Responses	Total Hours of Review Necessary Per Form	Total Number of Employees Needed	Federal Government
						Cost Per Hour	Cost Per Year
APPLICATION
SBA 2241	RBIC application MAQ, part I	RBIC APP	25	18	6	$4,544.64	$113,616.00
SBA 2242	RBIC application, part II	RBIC APP	25	20	6	$5,049.60	$126,240.00
SBA 2243	Interview Questions	RBIC APP	10	20	6	$5,049.60	$50,496.00
PRE FINAL APPROVAL
SBA 34	Bank identification	RBIC	3	.25	1	$10.52	$31.56
SBA 159	Compensation agreement	RBIC	3	.5	1	$21.04	$63.12
SBA 2244	Disclosure of third party debt	RBIC	3	.25	1	$10.52	$31.56
SBA 2245	Request for Approval of Management Services Fees	RBIC	3	20	1	$841.60	$2,524.84
TOTAL ANNUAL BURDEN FOR APPLICATION (one year)			72	79	22	$15,527.52	$291,005.08

RBIC FUNDING & REPORTING
SBA 468	Annual financial report	RBIC	3	16	1	$673.28	$2,019.84
SBA 468	Annual financial report - short form	RBIC	9	8	1	$336.64	$3,029.76
SBA 468	Schedules	RBIC	9	8	1	$336.64	$3,029.76
SBA 1031	Portfolio financing report	RBIC	45	.25	1	$10.52	$473.40
SBA 480	Size status declaration	RBIC	45	.25	1	$10.52	$473.40
SBA 2246	Amendment to RBIC application	RBIC	9	.25	1	$10.52	$94.68
SBA 2247	Instruction for RBIC draw application	RBIC	12	1.5	1	$63.12	$757.44

Information Collection subject to PRA	Title	Description of Respondents	Total Responses	Total Hours of Review Necessary Per Form	Total Number of Employees Needed	Federal Government
						Cost Per Hour	Cost Per Year
OA GRANT FUNDING & REPORTING
SF 269	Financial status report	RBIC	12	1.5	1	$63.12	$757.44
SF 270	Request for advance or reimbursement	RBIC	12	1.5	1	$63.12	$757.44
SF 272	Federal cash transaction report	RBIC	12	1.5	1	$63.12	$757.44
SF 424	Application for Federal Assistance	RBIC	25	2	1	$84.16	2,104.00
SF 424A	Budget Information	RBIC	25	.15	1	$63.12	$1.578.00
SF 424B	Assurances	RBIC	25	.25	1	$10.52	$263.00
[no form #]	Detailed expenditures	RBIC	12	1.5	1	$63.12	$757.44
SBA 2248	OA grant performance report	RBIC	12	2	1	$84.16	$1,009.92
TOTAL ANNUAL BURDEN FOR FUNDING AND REPORTING			192	46	15	$1,935.65	$17,862.96

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