§773.18. Loan application. — Inbound Citations

Citations to 7 C.F.R. § 773.18 as a whole

• 7 C.F.R. § 773.19(e)(3)

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  (3) For loans that are for $30,000 or less where the applicant's balance sheet shows a net worth of less than three times the loan amount, repayment ability must be demonstrated using the farm's operating plan, including a projected cash flow budget based on historical performance. Such operating plan is required notwithstanding § 773.18 of this part.