Business and Industry Guaranteed Loan Program - American Recovery and Reinvestment Act Funding

Forms and Documents

Document Name	Status
Form RD Form 4279-1 B&I Guaranteed Loan Program - ARRA - State, Local & Tribal Form	New
Form RD Form 4279-6 B&I Guaranteed Loan Program - ARRA - Private Sector Form	New
ARRA 4279 and 4287 7-20-09 revised.xls Supplementary Document	2009-07-20
Emergency Letter ARRA B-I Funds.PDF Supplementary Document	2009-07-20
RD1980-43.PDF Supplementary Document	2009-07-20
RD1980-19.PDF Supplementary Document	2009-07-20
RD1940-20.PDF Supplementary Document	2009-07-20
RD449-30.PDF Supplementary Document	2009-07-20
ARRA_BI_SS_Rev 7-20-09.doc Supporting Statement A	2009-07-20

IC Document Collections

IC ID	Document Title	Status
189974	B&I Guaranteed Loan Program - ARRA - State, Local & Tribal Form	New
189973	B&I Guaranteed Loan Program - ARRA - Private Sector Form	New

ICR Details

OMB Control No: 0570-0060	ICR Reference No: 200907-0570-003
Status: Historical Active	Previous ICR Reference No:
Agency/Subagency: USDA/RBS	Agency Tracking No:
Title: Business and Industry Guaranteed Loan Program - American Recovery and Reinvestment Act Funding
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Emergency	Approval Requested By: 07/20/2009
OIRA Conclusion Action: Approved with change	Conclusion Date: 07/21/2009
	Date Received in OIRA: 07/20/2009
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2010	6 Months From Approved
Responses	14,063	0	0
Time Burden (Hours)	23,945	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: The Agency is making available Recovery Act funds for the B&I Guaranteed Loan Program. The collection of this information is necessary to obtain information on rural areas experiencing persistent poverty, outmigration, high unemployment, and under-served and under-represented groups and area hardest hit by the current economic crisis.

Emergency Justfication: The Agency has determined that the most effective use of Recovery Act funds is to target them to encourage the creation or retention of quality jobs through the extension of business credit in those rural areas of greatest need, most difficult to reach, and among those hardest hit by the current economic crisis. Given the limited amount of time to obligate the associated funding, September 30, 2010, the Agency is requesting emergency approval so the Department can begin accepting applications and making loan guarantees.

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Authorizing Statute(s): US Code: 7 USC 1932 Name of Law: Consolidated Farm and rural Development Act
   PL: Pub.L. 111 - 5 1512, 1605, and 1606 Name of Law: American Recovery and Reinvestment Act of 2009
  

Citations for New Statutory Requirements: PL: Pub.L. 111 - 5 1512, 1605 and 1606 Name of Law: American Recovery and Reinvestment Act of 2009

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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

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
B&I Guaranteed Loan Program - ARRA - Private Sector	RD Form 4279-6, 1980-41, 1980-44, RD Form 4279-1, RD Form 4279-3, RD Form 4279-14, RD Form 4279-1A, RD Form 4279-2, RD Form 4279-4	ASSIGNMENT GUARANTEE AGREEMENT ,   Guaranteed Loan Status Report ,   Guaranteed Loan Delinquent Status Borrower ,   APPLICATION FOR LOAN GUARANTEE ,   APPLICATION FOR LOAN GUARANTEE - Short Form ,   CERTIFICATION OF NON-RELOCATION ,   LENDER'S AGREEMENT ,   CONDITIONAL COMMITMENT ,   UNCONDITIONAL GUARANTEE
B&I Guaranteed Loan Program - ARRA - State, Local & Tribal	RD Form 4279-6, 1980-41, 1980-44, RD Form 4279-2, RD Form 4279-3, RD Form 4279-4, RD Form 4279-1, RD Form 4279-1A, RD Form 4279-14	APPLICATION FOR LOAN GUARANTEE ,   APPLICATION FOR LOAN GUARANTEE - Short Form ,   CERTIFICATION OF NON-RELOCATION ,   CONDITIONAL COMMITMENT ,   LENDER'S AGREEMENT ,   UNCONDITIONAL GUARANTEE ,   ASSIGNMENT GUARANTEE AGREEMENT ,   Guaranteed Loan Status Report ,   Guaranteed Loan Delinquent Status Borrower

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ICR Summary of Burden

	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	14,063	0	0	14,063	0	0
Annual Time Burden (Hours)	23,945	0	0	23,945	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

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

Burden Reduction Due to:

Short Statement: This is a new collection.

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Annual Cost to Federal Government: $1,043,950

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)? Yes

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: 07/20/2009

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