StacksVerified U.S. regulatory reference

7 CFR §1780.41

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
  1. (a)The processing office will submit the following to the approval official:
    1. (1)Form RD 1942-45, “Project Summary”;
    2. (2)Form RD 442-7, “Operating Budget”;
    3. (3)Form RD 442-3, “Balance Sheet” or a financial statement or audit that includes a balance sheet;
    4. (4)Form RD 442-14, “Association Project Fund Analysis”;
    5. (5)“Letter of Conditions”;
    6. (6)Form RD 1942-46, “Letter of Intent to Meet Conditions”;
    7. (7)Form RD 1940-1, “Request for Obligation of Funds”;
    8. (8)Completed environmental review documents including copies of public notices and appropriate proof of publication, if applicable; and
    9. (9)Grant determination, if applicable.
  2. (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.