§1780.41. Loan or grant approval.
7 C.F.R. § 1780.41
The processing office will submit the following to the approval official:
Form RD 1942-45, “Project Summary”;
Form RD 442-7, “Operating Budget”;
Form RD 442-3, “Balance Sheet” or a financial statement or audit that includes a balance sheet;
Form RD 442-14, “Association Project Fund Analysis”;
“Letter of Conditions”;
Form RD 1942-46, “Letter of Intent to Meet Conditions”;
Form RD 1940-1, “Request for Obligation of Funds”;
Completed environmental review documents including copies of public notices and appropriate proof of publication, if applicable; and
Grant determination, if applicable.
Approval and applicant notification will be accomplished by mailing to the applicant on the obligation date a copy of Form RD 1940-1. The date the applicant is notified is also the date the interest rate at loan approval is established.
Notes, amendments, and revision history
Amendments
[62 FR 33478, June 19, 1997, as amended at 63 FR 68655, Dec. 11, 1998]
Authority
Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 16 U.S.C. 1005.
Source
Source: 62 FR 33478, June 19, 1997, unless otherwise noted.
Amendments
[62 FR 33478, June 19, 1997, as amended at 63 FR 68655, Dec. 11, 1998]