Servicing Agent Agreement

ICR 201604-3245-004

OMB: 3245-0193

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supplementary Document
2016-04-20
Supporting Statement A
2016-04-20
IC Document Collections
IC ID
Document
Title
Status
35720 Modified
ICR Details
3245-0193 201604-3245-004
Historical Active 201302-3245-003
SBA
Servicing Agent Agreement
Revision of a currently approved collection   No
Regular
Approved without change 05/25/2016
Retrieve Notice of Action (NOA) 04/20/2016
  Inventory as of this Action Requested Previously Approved
05/31/2019 36 Months From Approved 05/31/2016
6,151 0 8,429
6,151 0 8,429
0 0 0

The Servicing Agent agreement is executed by the borrower, end where applicable the operating company, certified development company and the loan servicing agent. The agreement is primarily used to certify to SBA use of loan proceeds, appoint a servicing agent, and acknowledge the imposition of various fees allowed in SBA's 504 loan program.

None
None

Not associated with rulemaking

  80 FR 63862 10/21/2015
81 FR 23073 04/19/2016
No

1
IC Title Form No. Form Name
Servicing Agent Agreement SBA Form 1506 Servicing Agent Agreement

  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 6,151 8,429 0 -2,278 0 0
Annual Time Burden (Hours) 6,151 8,429 0 -2,278 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Miscellaneous Actions
This submission shows a decrease of annual responses as compared to the last submission based on a decrease in the overall 3 year average during the last three fiscal years, 2013-2015.

$0
No
No
No
No
No
Uncollected
Mary Frias 202 401-8234 mary.frias@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.
04/20/2016


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