Applications for Business Loans

ICR 200805-3245-003

OMB: 3245-0016

Federal Form Document

Forms and Documents
Document
Name
Status
Form
New
Supplementary Document
2008-05-15
Supporting Statement A
2008-05-15
IC Document Collections
IC ID
Document
Title
Status
43057
Removed
184918 New
ICR Details
3245-0016 200805-3245-003
Historical Active 200511-3245-004
SBA
Applications for Business Loans
Revision of a currently approved collection   No
Regular
Approved without change 08/22/2008
Retrieve Notice of Action (NOA) 05/15/2008
This collection is approved for one year so that the agency may have the opportunity to correct errors in this submission. The agency reported that no small entities responded to this collection. The agency reported that 25% of respondents responded electronically to forms identified as paper only. The agency did not provide cites to the regulatory authority relevant to this collection. In addition, the agency should provide separate information collections for each form to better account for the different burdens imposed on banks vs. small business applicants.
  Inventory as of this Action Requested Previously Approved
08/31/2009 36 Months From Approved 08/31/2008
21,000 0 51,000
295,050 0 520,000
0 0 0

The information collected through these forms is used to receive essential information from the small business applicant and the participating lender to determine eligibility and to properly evaluate and consider the merits of each loan request based on such criteria as character, capacity, credit, collateral, etc. for the purpose of extending credit under the 7(a) program.

None
None

Not associated with rulemaking

  72 FR 58713 10/16/2007
73 FR 27605 05/13/2008
No

1
IC Title Form No. Form Name
Applications for Business Loans SBA-FORM-4, SCHEDULE-A, SBA-FORM-4-1, SBA-FORM-4-SF, (SHORT-FORM
Application for Business Loans SBA FORM 4-I, SBA FORM 4SCHA , SBA FORM 4 Application for Business Loan ,   Schedule of Collateral ,   Lender's Application for Guaranty or Participation

  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 21,000 51,000 0 -30,000 0 0
Annual Time Burden (Hours) 295,050 520,000 0 -224,950 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
Yes
Miscellaneous Actions
Due to the sharp increase in the use of SBA Express and the Community Express and Patriot Express Pilot Programs whose Forms require much more abbreviated information.

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Sandra Johnston 202 205-7528 SANDRA.JOHNSTON@SBA.GOV

  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.
05/15/2008


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