FA-85-1 - Reporting and Recordkeeping Requirements
FSA-85-1 Reporting and Recordkeeping 2010.xlsx
Guaranteed Farm Loan Programs
FA-85-1 - Reporting and Recordkeeping Requirements
OMB: 0560-0155
⚠️ Notice: This form may be outdated. More recent filings and information on OMB 0560-0155 can be found here:
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| 0560-0155 | 
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10/21/2010 | |||||||||
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| Lenders Agreement | FSA-2201 | 60 | |||||||||
| L-Lenders (New & CLP,PLP Renewals) | (Business) | 762.105 (d) | 525 | 1 | 525 | 1 | 525 | ||||
| Application for Guarantee | FSA-2211 | 30 | |||||||||
| A-Applicants | (Farmer) | 762.110 (a) | 7800 | 1 | 7800 | 0.5 | 3900 | ||||
| Application for Guarantee | FSA-2211 | 210 | |||||||||
| L-Lenders (SEL & CLP) | (Business) | 762.142 (b) | 2850 | 2.75 | 7800 | 3.5 | 27300 | ||||
| Preferred Lender Application for Guarantee | FSA-2212 | 15 | |||||||||
| A-Applicants | (Farmer) | 762.110(6) (c) | 4400 | 1 | 4400 | 0.25 | 1100 | ||||
| Preferred Lender Application for Guarantee | FSA-2212 | 60 | |||||||||
| L-Lenders (PLP) | (Business) | 762.110 (6) (c) | 170 | 25.9 | 4400 | 1 | 4400 | ||||
| Interest Assistance Agreement | FSA-2221 | 15 | |||||||||
| A-Applicants | (Farmer) | 762.150 (6) | 750 | 1 | 750 | 0.25 | 188 | ||||
| Interest Assistance Agreement | FSA-2221 | 15 | |||||||||
| L-Lenders | (Business) | 762.150 (6) | 600 | 1.25 | 750 | 0.25 | 188 | ||||
| Request for Interest Assistance | FSA-2222 | 20 | |||||||||
| L-Lenders | (Business) | 762.150 (a) (1) | 600 | 3.8 | 2263 | 0.33 | 754 | ||||
| Conditional Commitment | FSA-2232 | 15 | |||||||||
| L-Lenders | (Business) | 762.130 (4)(c)(2) | 3000 | 4 | 12000 | 0.25 | 3000 | ||||
| Lender Certification | FSA-2233 | 15 | |||||||||
| L-Lenders | (Business) | 762.130 | 3000 | 4 | 12000 | 0.25 | 3000 | ||||
| Guaranteed Loan Closing Report | FSA-2236 | 60 | |||||||||
| L-Lenders | (Business) | 762.130 (4) | 3000 | 4 | 12000 | 1 | 12000 | ||||
| Guaranteed Loan Status Report | FSA-2241 | 20 | |||||||||
| L-Lenders | (Business) | 762.141 (b) | 3000 | 36 | 107000 | 0.33 | 35666 | ||||
| Assignment of Guarantee | FSA-2242 | 30 | |||||||||
| L-Lenders | (Business) | 762.160 (2) | 250 | 5.6 | 1400 | 0.5 | 700 | ||||
| Bold-Denotes Unduplicated | |||||||||||
| FY-09 12,200 applications/year | |||||||||||
| FY-09 3020 Total Lenders SEL,CLP,PLP) | |||||||||||
| TOTALS | 15220 | 173088 | 92721 | ||||||||
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| Guaranteed Farm Loan Default Status | FSA-2248 | 20 | |||||||||
| Lenders | (Business) | 762.141 (a) | 1500 | 7.8 | 9000 | 0.33 | 3000 | ||||
| Lender's Guaranteed Loan Payment to USDA | FSA-2251 | 30 | |||||||||
| Lenders | (Business) | 762.144 (c) | 10 | 1 | 10 | 0.5 | 5 | ||||
| Farm Loan Programs Guaranteed Writedown Worksheet | FSA-2252 | 120 | |||||||||
| Lender | (Business) | 763.145(4)(e) | 15 | 1 | 15 | 2 | 30 | ||||
| Sharred Appreciation Agreement for Guaranteed Loans | FSA-2253 | 60 | |||||||||
| Applicants | (Farmer) | 762.147 | 5 | 1 | 5 | 1 | 5 | ||||
| Sharred Appreciation Agreement for Guaranteed Loans | FSA-2253 | 60 | |||||||||
| Lenders | (Business) | 762.147 | 5 | 1 | 5 | 1 | 5 | ||||
| Guaranteed Loan Report of Loss | FSA-2254 | 1500 | |||||||||
| Lenders | (Business) | 762.144 (c) | 875 | 2 | 1750 | 25 | 43750 | ||||
| Supplemental Loss Form (New) | FSA-2254-A | 75 | |||||||||
| Lenders | (Business) | 762.144 | 720 | 1 | 720 | 1.25 | 900 | ||||
| Report of Collection Activities on Liquidated Accounts | FSA-2261 | 10 | |||||||||
| Lenders | (Business) | 762.141 (f) | 900 | 2 | 1800 | 0.17 | 300 | ||||
| TOTALS | 0 | 13305 | 47995 | ||||||||
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| 0560-New | 
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| Standard Eligible Lender Eligibility Criteria | 30 | ||||||||||
| Lenders | 762.105 (b) | 100 | 1 | 100 | 0.5 | 50 | |||||
| Substitution Of Lenders-New | Written | 60 | |||||||||
| Lenders | Agreement | 762.105 (c) (2) | 20 | 1 | 20 | 1 | 20.00 | ||||
| Substitution Of Lenders-Original | Assignemnt of | 30 | |||||||||
| Lenders | Document | 762.105 (c) (3) | 100 | 1 | 100 | 0.5 | 50 | ||||
| Lender Name or Ownership Change | Written | 20 | |||||||||
| Lenders | Notification | 762.105 (d) (1) | 20 | 1 | 20 | 0.33 | 7 | ||||
| Preferred & Certified Lender Program | Supporting | 900 | |||||||||
| General-CLP | Documents | 762.106 (a) | 15 | 1 | 15 | 15 | 225 | ||||
| Lenders | |||||||||||
| Preferred & Certified Lender Program | Supporting | 1020 | |||||||||
| General-PLP | Documents | 762.106 (a) | 15 | 1 | 15 | 17 | 255 | ||||
| Lenders | |||||||||||
| CLP & PLP Criteria-Training | Physical | 480 | |||||||||
| Lenders | Attendance | 762.106 (b)(6)(i) | 425 | 2 | 850 | 8 | 6800 | ||||
| Monitoring CLP & PLP Lenders | Access to | 60 | |||||||||
| Lenders | Files | 762.106 (e) | 425 | 1 | 425 | 1 | 425 | ||||
| Renewal of CLP or PLP Status | Written | 300 | |||||||||
| Lenders | Material | 762.106 (f)(2) | 425 | 1 | 425 | 5 | 2125 | ||||
| Conflict of Interest | Written | 15 | |||||||||
| Applicants | Evidence | 762.110 (f) | 800 | 1 | 800 | 0.25 | 200 | ||||
| Insurance and Farm Inspection Requirements | Written | 75 | |||||||||
| Lenders | Evidence | 762.123 (a)(1)(b) | 3000 | 4 | 12000 | 1.25 | 15000 | ||||
| Interest Rates, Terms, Charges & Fees | Written | 15 | |||||||||
| Lenders | Evidence | 762.124 (a) | 750 | 1 | 750 | 0.25 | 188 | ||||
| Appraiser Requirements | Written | 60 | |||||||||
| Lenders | Evidence | 762.127 | 1000 | 3 | 3000 | 1 | 3000 | ||||
| Equal Opportunity and Non-Discrimination | Written | 75 | |||||||||
| Lenders | Evidence | 762.128 (d)(2) | 25 | 2 | 50 | 1.25 | 63 | ||||
| Inspections | Written | 15 | |||||||||
| Lenders | Evidence | 762.130 (xi)(2) | 920 | 1 | 920 | 0.25 | 230 | ||||
| TOTALS | 0 | 19490 | 28638 | ||||||||
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| Replacement of Loan Guarantee or Assignment of | Summary of | 30 | |||||||||
| Guarantee Agreement | Analysis | 762.130(f) | 50 | 1 | 50 | 0.5 | 25 | ||||
| Lenders | |||||||||||
| Reporting Requirements-CLP | Written | 60 | |||||||||
| Lenders | Analysis | 762.141 (c) | 265 | 38 | 10070 | 1.0 | 10070 | ||||
| Reporting Requirements-SEL | Written | 120 | |||||||||
| Lenders | Analysis | 762.141 (d) | 2625 | 10 | 26250 | 2.0 | 52500 | ||||
| Reporting Requirements-PLP | Written | 30 | |||||||||
| Lenders | Analysis | 762.141 (e) | 17 | 162 | 2754 | 0.50 | 1377 | ||||
| Partial Release | Financial | 360 | |||||||||
| Information | 762.142 (b)(2) | 100 | 3 | 300 | 6.00 | 1800 | |||||
| Subordinations | Financial | 360 | |||||||||
| Information | 762.142 (c) | 25 | 4 | 100 | 6.00 | 600 | |||||
| Transfer & Assumption | Written | 20 | |||||||||
| Notice | 762.142 (d)(9) | 25 | 1 | 25 | 0.33 | 9 | |||||
| Repurchase by Lender | Written | 30 | |||||||||
| Lenders | 762.144 (b)(1) | 100 | 3 | 300 | 0.50 | 150 | |||||
| Repurchase by the Agency | Demand and | 15 | |||||||||
| Holders | Supporting | 762.144 (1) | 10 | 1 | 10 | 0.25 | 3 | ||||
| Documents | |||||||||||
| Repurchase by the Agency | Demand and | 15 | |||||||||
| Lenders | Supporting | 762.144 (1) | 10 | 1 | 10 | 0.25 | 3 | ||||
| Documents | |||||||||||
| Repurchase for Servicing | Request to | 20 | |||||||||
| Lenders | SED | 762.145 (a)(2) | 75 | 5 | 375 | 0.33 | 125 | ||||
| Restructuring Guaranteed Loans-SEL | Financial | 762.145 (a)(3) | 180 | ||||||||
| Data | 140 | 4 | 560 | 3 | 1680 | ||||||
| Restructuring Guaranteed Loans-CLP | Financial | 762.145 (a)(3) | 120 | ||||||||
| Data | 240 | 3 | 720 | 2 | 1440 | ||||||
| Restructuring Guaranteed Loans-PLP | Narrative & | 762.145 (a)(4) | 20 | ||||||||
| copies | 70 | 2 | 140 | 0.33 | 47 | ||||||
| Debt Writedwon | Evidence of | 762.145 (e) | 600 | ||||||||
| Contract | 10 | 1 | 10 | 10 | 100 | ||||||
| TOTALS | 0 | 41674 | 69928 | ||||||||
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| Other Servicing Procedures | Written | 120 | |||||||||
| Additional Loan & Advances | Analysis | 762.146 (a)(2) | 200 | 2 | 400 | 2 | 800 | ||||
| Release of Liability after Liquidation | Financial | 300 | |||||||||
| Data | 762.146 (c) | 500 | 2 | 1000 | 5 | 5000 | |||||
| Interest Rate Change | Written | 60 | |||||||||
| Notification | 762.146 (d) | 150 | 2 | 300 | 1 | 300 | |||||
| Shared Appreciation Agreements (Servicing) | Written | 240 | |||||||||
| Notification | 762.147 | 20 | 1 | 20 | 4 | 80 | |||||
| Mediation | Prepare for & | 240 | |||||||||
| Attend Meeting | 762.149(a) | 150 | 1 | 150 | 4 | 600 | |||||
| Liquidation Plan | Written | 360 | |||||||||
| Plan | 762.149 (b) | 1300 | 1 | 1300 | 6 | 7800 | |||||
| Protective Advances | Supporting | 60 | |||||||||
| Documents | 762.149 (e)(1) | 100 | 5 | 500 | 1 | 500 | |||||
| Acceleration | Copy of | 10 | |||||||||
| Letter | 762.149 (g) | 800 | 1.25 | 1000 | 0.17 | 170 | |||||
| Assigment of Guarantee | Written | 15 | |||||||||
| Notification | 762.160 | 599 | 2.8 | 1400 | 0.25 | 350 | |||||
| Market Placement Program | Written | 762.110(g) | 60 | ||||||||
| Notification | 25 | 1 | 25 | 1 | 25 | ||||||
| Environmental & Special Laws | 7 CFR 1940-G | 762.128(a) | |||||||||
| TRAVEL TIME | 1200 | ||||||||||
| TOTALS | 0 | 6095 | 16825 | ||||||||
| GRAND TOTALS | 15220 | 253652 | 256107 | ||||||||
| Summary-Land Contract Guarantee Program | |||||||||||
| Total Number of Unduplicated Respondents | 15220 | ||||||||||
| Reports Filed per Person | 16.7 | ||||||||||
| (Col. 10 / Col. 8) | |||||||||||
| Total Annual Responses | 253652 | ||||||||||
| (Col. 10) | |||||||||||
| Total Annual Burden Hours | 256107 | ||||||||||
| (Col. 12) | |||||||||||
| Average Burden per Collection | 60.6 | Min | 10/21/2010 | ||||||||
| (Col. 12 / Col. 10 x 60) | |||||||||||
| Average Burden per Respondent | 16.8 | Hrs. | |||||||||
| (Col. 12 / Col. 8) | |||||||||||
| Respondents cost per Hour | Farmer Hrs. | Business Hrs. | Burden Hrs | ||||||||
| Farmer | $21.00 | ||||||||||
| Total Hrs.-Farmer | 6,781 | Page 1 | 5376 | 87345 | 92721 | ||||||
| Total Cost-Farmer | $142,401 | Page 2 | 5 | 47990 | 47995 | ||||||
| Page 3 | 200 | 28438 | 28638 | ||||||||
| Business | $31.00 | Page 4 | 0 | 69928 | 69928 | ||||||
| Total Hrs.-Business | 249,326 | Page 5 | 1200 | 15625 | 16825 | ||||||
| Total Cost-Business | $7,729,116 | ||||||||||
| Total Cost | $7,871,517 | Total | 6781 | 249326 | 256107 | ||||||
| Annual cost to Fed. Gov't | |||||||||||
| Hours Reviweing & Processing Collection | 205,000 | ||||||||||
| Average Salary (GS-9-12) OPM 2010 Table | $37.00 | ||||||||||
| Total Cost | $7,585,000 | ||||||||||
| File Type | application/vnd.openxmlformats-officedocument.spreadsheetml.sheet |
| File Modified | 0000-00-00 |
| File Created | 0000-00-00 |
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