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.
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