7 CFR §1744.63
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
When the loan is made, RUS provides the borrower a Telephone Loan Budget, RUS Form 493. This budget divides the loan into budget accounts such as “Engineering.” When a contract or other document is approved by RUS, funds are encumbered from the appropriate budget account. See 7 CFR part 1753.