The purpose of the B&I Guaranteed
Loan Program is to improve, develop, or finance business, industry,
and employment and improve the economic and environmental climate
in rurals. This is achieved by bolstering the existing private
credit structure through the guarantee of quality loans which will
provide lasting community benefits.
US Code:
7
USC 1932(a) Name of Law: Consolidated Farm and Rural
Development Act
The increase in burden of 50
hours is a net result from: correcting the input/typo burden hour
error in the previous submission of 19707 - should have been
19,907; and form 4279-14 is now used instead of a written report
for personal & corporate guarantees. Per response time
decreases from 2 hours to 30 minutes for 100 respondents.
$1,088,500
No
No
No
Uncollected
No
Uncollected
Brenda Griffin 202 720-6802
brenda.griffin@wdc.usda.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.