7 CFR §769.160
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)If the Agency approves a loan application, the Agency will provide the intermediary with a letter of conditions listing all requirements for the loan.
- (b)Immediately after reviewing the conditions and requirements in the letter of conditions, the intermediary should complete, sign, and return the form provided by the Agency indicating the intermediary's intent to meet the conditions.
- (c)The loan request will be considered withdrawn if the intermediary does not respond within 15 calendar days from the date the letter of conditions was sent.