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.
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.
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.