🌾Comments Requested on Farm Loan Programs Information Collection
Information Collection Requests; Farm Loan Programs-Direct Loan Making
Summary
In accordance with the Paperwork Reduction Act (PRA) of 1995, the Farm Service Agency (FSA) is requesting comments from all interested individuals and organizations on an extension of a currently approved information collection associated with the Direct Loan Making and Loan Servicing Program. The collected information is used in eligibility and feasibility determinations on farm loan applications as well as to determine borrower compliance with loan agreements, assist the borrower in achieving business goals, and regular servicing of the loan account such as graduation, subordination, partial release, and use of proceeds.
Agencies
- Agriculture Department
- Farm Service Agency
Business Impact
$$ - Med
The document details the Farm Service Agency's request for comments regarding the extension of an information collection related to direct loan making for farm operations. This impacts business owners seeking financial assistance through farm loans, resulting in compliance responsibilities and potential changes in loan application processes.