Form of Detached Assignment for U.S. Small Business Administration Loan Pool or Guaranteed Interest Certificate

ICR 202009-3245-005

OMB: 3245-0212

Federal Form Document

ICR Details
3245-0212 202009-3245-005
Active 201707-3245-001
SBA
Form of Detached Assignment for U.S. Small Business Administration Loan Pool or Guaranteed Interest Certificate
Extension without change of a currently approved collection   No
Regular
Approved without change 11/16/2020
Retrieve Notice of Action (NOA) 09/30/2020
  Inventory as of this Action Requested Previously Approved
11/30/2023 36 Months From Approved 11/30/2020
9,200 0 7,500
13,800 0 11,250
0 0 0

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.

US Code: 15 USC 634(h)(1)(c) Name of Law: null
  
None

Not associated with rulemaking

  85 FR 23880 04/29/2020
85 FR 61078 09/29/2020
No

  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 9,200 7,500 0 1,700 0 0
Annual Time Burden (Hours) 13,800 11,250 0 2,550 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
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.
09/30/2020


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