7 CFR 1980-E, Business and Industrial Loan Program

Forms and Documents

Document Name	Status
Form RD 449-01 7 CFR 1980-E, Business and Industrial Loan Program Form	Modified
supporting statement.doc Supporting Statement A	2008-06-17
spreadsheet.xls Supplementary Document	2008-06-17
RD1940-0020_060400V01.pdf Supplementary Document	2008-04-22

IC Document Collections

IC ID	Document Title	Status
1662	7 CFR 1980-E, Business and Industrial Loan Program Form	Modified

ICR Details

OMB Control No: 0570-0014	ICR Reference No: 200803-0570-001
Status: Historical Inactive	Previous ICR Reference No: 200506-0570-002
Agency/Subagency: USDA/RBS	Agency Tracking No:
Title: 7 CFR 1980-E, Business and Industrial Loan Program
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Withdrawn and continue	Conclusion Date: 02/24/2009
	Date Received in OIRA: 06/18/2008
Terms of Clearance: This ICR is being withdrawn from review pending publication of the 7 CFR 5001 Guaranteed Loan Interim Final Rule. Upon publication please revise burden estimates associated with the Business and Industrial Loan Program to reflect the applicable burden reductions associated with the rule.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2008	36 Months From Approved	07/31/2009
Responses	325	0	325
Time Burden (Hours)	835	0	835
Cost Burden (Dollars)	0	0	0

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Abstract: This regulation promulgates the policies and procedures to improve, develop, or finance business and employment and improve the economic and environmental climate in rural communities, including pollution abasement and control. This is achieved through bolstering the existing private credit structure through guarantee of quality loans which will provide lasting community benefits.

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Authorizing Statute(s): US Code: 7 USC 1932 Name of Law: Consolidated Farm and Rural Development Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 31	02/14/2008
30-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 34246	06/17/2008
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
7 CFR 1980-E, Business and Industrial Loan Program	RD 449-01, RD 449-02	Application for Loan and Guarantee ,   Statement of Collateral

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Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $2,430

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 06/18/2008

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