Spreadsheet

	REPORTING REQUIREMENTS - NON FORMS
					Form		Estimated		Reports		Total		Est'd # of		Estimated				Cost to
	Section of		Title		Number		Number of		Filed		Annual		Man-hours		Total		Wage		the
	Regulations				(if any)		Respondents		Annually		Responses		per response		Man-hours		Class		Public
	(A)		(B)		(C)		(D)		(E)		(F)		(G)		(H)		(I)		(J)
	4287.107(b)		Loan classification		written		1,200		1		1,200		0.5		600		62		$37,200
	4287.107(c)		Agency and lender		written		413		1		413		1.5		620		62		$38,409
			conference
	4287.107(d)		Financial Reports		written		1,210		4		4,840		0.5		2,420		62		$150,040
			and analysis - quarterly
	4287.107(d)		Financial Reports		written		4,076		1		4,076		2.0		8,152		62		$505,424
			and analysis - annually
	4287.107(f)		Borrower visits		visit		1,771		1		1,771		2.0		3,542		62		$219,604
	4287.112		Interest rate adjustment		written		61		1		61		0.5		31		62		$1,891
	4287.113		Release of collateral		written		121		1		121		2.0		242		62		$15,004
	4287.123		Subordination of lien		written		242		1		242		2.0		484		62		$30,008
			position
	4287.124		Alterations of Loan		written		121		1		121		1.5		182		62		$11,253
			Instruments
	4287.134(a)(g)		Transfer and		written		22		1		22		3.5		77		62		$4,774
			assumption
	4287.134(a)		Credit reports		written		48		1		48		0.5		24		62		$1,488
	4287.134(c)		Appraisal reports		written		48		1		48		1.0		48		62		$2,976
	4287.135		Substitution of lender		written		24		1		24		1.0		24		62		$1,488
	4287.145(a)		Default by Borrower		visit		141		1		141		1.0		141		62		$8,742
	4287.145(b)		Curative Actions		written		221		1		221		1.5		332		62		$20,553
	4287.156		Protective advances		written		296		1		296		1.0		296		62		$18,352
	4287.157(c)		Liquidation plan		written		141		1		141		6.0		846		62		$52,452
					document
	4287.157(f)		Acceleration		written		141		1		141		0.5		71		62		$4,371
	4287.157(h)		Accounting and reports		written report		141		4		564		0.5		282		62		$17,484
	4287.180		Termination of		written		592		1		592		0.5		296		62		$18,352
			guarantee
	REPORTING REQUIREMENTS - FORMS
					Form		Estimated		Reports		Total		Est'd # of		Estimated				Cost to
	Section of		Title		Number		Number of		Filed		Annual		Man-hours		Total		Wage		the
	Regulations				(if any)		Respondents		Annually		Responses		per response		Man-hours		Class		Public
	(A)		(B)		(C)		(D)		(E)		(F)		(G)		(H)		(I)		(I)
	4287.107(a)		Guaranteed Loan Status		Form 1980-41		4,126		2		8,252		0.33		2,723		62		$168,836
			Report
	4287.145(a)		Guaranteed Loan		Form 1980-44		412		6		2,472		0.33		816		62		$50,577
			Delinquent Status Borrower
	4287.157(i)		Lender's Guaranteed Loan		Form 1980-43		121		12		1,452		0.5		726		62		$45,012
			Payment to USDA
	4287.158(c)		Loan Note Guarantee		Form 449-30		121		1		121		25.0		3,025		62		$187,550
			Report of Loss
	TOTAL DOCKET										27,380				25,997				1,611,840
			Cost to the Federal Government
							# of
			Activity		Number		Hours		Rate		TOTAL
			Financial Statement		4,250		3.0		$46.40		$591,600
			Review
			Liquidation Plan		121		3.0		$46.40		$16,843
			Borrower / lender visits		2,130		3.0		$46.40		$296,496
			Release of Collateral		121		2.0		$46.40		$11,229
			Subordination of		77		2.0		$46.40		$7,146
			Collateral
			ANNUALIZED								$923,314
			TOTAL
			The reviews are typically completed by GS-11 & 12 State Loan Specialists and GS-13
			State Program Directors. The loans are typically approved by the State Director.
			The GS-8 or 9 State Loan Technician typically does the data entry in the computer system.