7 CFR 1780.41
§ 1780.41 Loan or grant approval.
United States · 7 CFR — Agriculture · Status: effective
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- Citation
- 7 CFR 1780.41, § 1780.41 Loan or grant approval, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/28094
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Full text
(a) The processing office will submit the following to the approval official:
(1) Form RD 1942-45, “Project Summary”;
(2) Form RD 442-7, “Operating Budget”;
(3) Form RD 442-3, “Balance Sheet” or a financial statement or audit that includes a balance sheet;
(4) Form RD 442-14, “Association Project Fund Analysis”;
(5) “Letter of Conditions”;
(6) Form RD 1942-46, “Letter of Intent to Meet Conditions”;
(7) Form RD 1940-1, “Request for Obligation of Funds”;
(8) Completed environmental review documents including copies of public notices and appropriate proof of publication, if applicable; and
(9) Grant determination, if applicable.
(b) 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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.