Information Collection Requests; Farm Loan Programs-Direct Loan Making
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Issuing agencies
Abstract
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.
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<title>Federal Register, Volume 90 Issue 158 (Tuesday, August 19, 2025)</title>
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[Federal Register Volume 90, Number 158 (Tuesday, August 19, 2025)]
[Notices]
[Pages 40323-40324]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-15744]
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DEPARTMENT OF AGRICULTURE
Farm Service Agency
[Docket ID: FSA-2025-0103]
Information Collection Requests; Farm Loan Programs--Direct Loan
Making
AGENCY: Farm Service Agency, USDA.
ACTION: Notice; request for comments.
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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.
DATES: We will consider comments that we receive by October 20, 2025.
ADDRESSES: We invite you to submit comments in response to this notice.
FSA prefers that the comments are submitted electronically through the
Federal eRulemaking Portal, identified by Docket ID No. FSA-2025-0103,
go to <a href="http://www.regulations.gov">http://www.regulations.gov</a> and search for docket ID FSA-2025-
0103. Follow the online instructions for submitting comments.
FOR FURTHER INFORMATION CONTACT: For specific questions related to the
collection activities or to obtain a copy of the information collection
request: For the Direct Loan Making Program please contact Paul B.
Peterson; telephone; (507) 702-3062; email: <a href="/cdn-cgi/l/email-protection#f68697839ad88693829384859998b683859297d8919980"><span class="__cf_email__" data-cfemail="cfbfaebaa3e1bfaabbaabdbca0a18fbabcabaee1a8a0b9">[email protected]</span></a>; for
Direct Loan Servicing, please contact Lee Nault,
[[Page 40324]]
(202) 720-6834; <a href="/cdn-cgi/l/email-protection#f8949d9dd696998d948cb88d8b9c99d69f978e"><span class="__cf_email__" data-cfemail="2c40494902424d5940586c595f484d024b435a">[email protected]</span></a>. Persons with disabilities who
require alternative means for communication should contact the USDA
Target Center at (202) 720-2600 (voice) or (844) 433-2774 (toll-free
nationwide).
SUPPLEMENTARY INFORMATION:
Title: Farm Loan Programs, Direct Loan Making.
OMB Control Number: 0560-0237.
Expiration Date of Approval: January 31, 2026.
Type of Request: Revision and Extension of a currently approved
information collection.
Abstract: FSA's Farm Loan Programs provide loans to family farmers
to purchase real estate and equipment, and to finance agricultural
production. Direct Loan Making (including Direct Farm Ownership
Microloan (DFOML)) regulations in 7 CFR part 764 provide the
requirements and process for determining an applicant's eligibility for
a direct loan.
The following forms are part of the Direct Loan Making package
which is being renewed. FSA-2001, Request for Direct Loan Assistance;
FSA-2029-M, Mortgage for ___; FSA-2310, Lenders Verification of Loan
Application (Emergency Loan Use); FSA-2341, Certification of Attorney;
FSA-2340, Selection of Attorney/Title Agent; FSA-2309, Certification of
Disaster Losses; FSA-2042, Consent to Payment of Proceeds from Sale of
Products; FSA-2041, Assignment of Proceeds From the Sale of Products;
FSA-2370, Request for Waiver of Borrower Training Requirements/
Borrowers Training Assessment; FSA-2028, Security Agreement; FSA-2044,
Assignment of Income from Real Estate Security; FSA-2026, Promissory
Note; FSA-2007, Cosigner Application and Agreement; FSA-2006, Property
Owned and Leased; FSA-2005, Creditor List; FSA-2004, Authorization to
Release Information; FSA-2002, Three-Year Financial History; FSA-2376,
Borrower Training Course Evaluation; FSA-2371, Agreement to Complete
Training; FSA-2027, Supplemental Payment Agreement; FSA-2003, Three-
Year Production History; FSA-2352, Final Title Opinion; FSA-2344,
Preliminary Title Opinion; FSA-2317, Consent and Subordination
Agreement; FSA-2319, Agreement with Prior Lienholder; FSA-2342,
Certification of Title Agent; FSA-2361, Subordination To The
Government; FSA-2360, Report of Lien Search; FSA-2314, Streamlined
Request for Direct OL Assistance; FSA-2313, Notification of Loan
Approval and Borrower Responsibilities; Notification of Loan Approval
and Borrower Responsibilities; FSA-2351, Certification Of Improvement
Of Property; FSA-2350, Loan Closing Instructions; FSA-2313,
Notification of Loan Approval and Borrower Responsibilities; FSA-2301,
Request For Youth Loan; FSA-2318, Agreement for Disposition of Jointly-
Owned Property; FSA-2320, Property Insurance Mortgage Clause (Without
Contribution); FSA-2015, Verification of Debts and Assets; FSA-2014,
Verification of Income; FSA-2043, Assignment of Proceeds from the Sale
of Dairy Products and Release of Security Interest.
For the following estimated total annual burden on respondents, the
formula used to calculate the total burden hour is the number of
responses multiplied by the number of responses per respondent to get
the total annual responses which is multiplied by the hours per
response.
Estimate of Average Time to Respond: Public reporting burden for
the information collection is estimated to average 0.484 hours per
response.
Type of Respondents: Individuals or households, businesses or other
for-profit farms.
Estimated Annual Number of Respondents: 202,013.
Estimated Number of Reponses per Respondent: 3.45.
Estimated Total Annual Responses: 696,203.
Estimated Average Time per Response: 0.48 hours.
Estimated Total Annual Burden on Respondents: 336,908 hours.
FSA is requesting OMB approval on the revised, estimated numbers,
which are being provided in this request. The burden hours increased by
41,058 hours while the annual responses have increased by 84,844.
For the following estimated total annual burden on respondents, the
formula used to calculate the total burden hours is the estimated
average time per responses multiplied by the estimated total annual of
responses.
We are requesting comments on all aspects of this information
collection to help us to:
(1) Evaluate whether the collection of information is necessary for
the proper performance of the functions of FSA, including whether the
information will have practical utility;
(2) Evaluate the accuracy of FSA's estimate of burden including the
validity of the methodology and assumptions used;
(3) Enhance the quality, utility and clarity of the information to
be collected;
(4) Minimize the burden of the collection of information on those
who are to respond, including through the use of appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology.
All comments received in response to this notice, including names
and addresses when provided, will be a matter of public record.
Comments will be summarized and included in the submission for Office
of Management and Budget approval.
William Beam,
Administrator, Farm Service Agency.
[FR Doc. 2025-15744 Filed 8-18-25; 8:45 am]
BILLING CODE 3411-E2-P
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