Extension without change of a currently approved collection
No
Regular
06/30/2022
Requested
Previously Approved
36 Months From Approved
06/30/2022
7,631
5,042
7,631
5,042
251,815
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.
This submission shows an
increase of annual responses as compared to the last submission
based on an increase in the overall average during the last three
fiscal years, 2019 - 2021. As a result, the total estimated burden
hour has also increased.
$112,557
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.