USDA Asks Rural Borrowers to Review Yet More Loan Paperwork
Published Date: 10/28/2026
Notice
Summary
The Department of Agriculture is asking for public feedback on its paperwork rules for rural loan programs that help small businesses and entrepreneurs. They want to make sure the forms are useful, clear, and not too much work for people to fill out. Comments are open until November 27, 2026, so anyone affected by these loan programs should speak up!
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
Paperwork Burden: 53 Respondents, 1,276 Hours
USDA reports that the information collection for Rural Development loan servicing involves 53 respondents and a total burden of 1,276 hours. Respondents are listed as non-profit corporations, public agencies, Tribal councils, and cooperatives, and reporting frequency may be on occasion, quarterly, semiannually, or annually.
USDA Seeks Comments on Rural Loan Paperwork
If you are involved with USDA’s Rural Development loan programs, the Department is asking for public feedback on its information collection under 7 CFR 1951-R (OMB Control Number 0570-0015). Comments must be submitted by November 27, 2026 through www.reginfo.gov using the "Currently under 30-day Review--Open for Public Comments" listing or the search function.
Servicing Rules Cover IRP and RMAP Loans
Subpart R of 7 CFR part 1951 contains the regulations for servicing and liquidating loans made under the Intermediary Relending Program (IRP) and the Rural Microentrepreneur Assistance Program (RMAP). The rules apply to eligible intermediaries, ultimate recipients, and other involved parties and are the basis for the described information collection.
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