A SERIES FO AMENDMENTS TO THE GENERAL
GUARANTEED LOAN PROGRAM REGULATIONS ARE PROPOSED IN ORDER TO
CORRECT COSTLY OMISSIONS IN REVIEWING APPLICATIONA AND SERVICING
EXISTING LOANS. THE CHANGES WILL PROVIDE A MORE EFFECTIVE PROGRAM
AND IMPROVE THE QUALITY OF LOANS GUARANTEED. BY BEING MOE
DESCRIPTIVE THE PUBLIC WILL BETTER UNDERSTAN THE GOVERNMENT'S
INTENT AND THIS SHOULD REDUCE TIME SPENT COMPLETING THE REQUIRED
PAPERS.
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.