The Small Business Administration
requires information to be disclosed to the buyer when a secondary
market loan is transferred from one investor to another. This
information includes a constant annual prepayment rate based upon
the seller's analysis pf prepayment histories of SBA guaranteed
loans with similar maturities. Additionally, information is
required on the terms. conditions and yield of the security being
transferred.
The burden has been increased
to reflect activity for the program to date as well as the future
estimated activity in response to the new funding.
$0
No
No
No
No
No
No
No
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.