{"data":{"id":"us/7-cfr-1780.41","jurisdiction":"us","citation":"7 CFR 1780.41","heading":"Loan or grant approval.","body":"(a) The processing office will submit the following to the approval official:\n(1) Form RD 1942-45, “Project Summary”;\n(2) Form RD 442-7, “Operating Budget”;\n(3) Form RD 442-3, “Balance Sheet” or a financial statement or audit that includes a balance sheet;\n(4) Form RD 442-14, “Association Project Fund Analysis”;\n(5) “Letter of Conditions”;\n(6) Form RD 1942-46, “Letter of Intent to Meet Conditions”;\n(7) Form RD 1940-1, “Request for Obligation of Funds”;\n(8) Completed environmental review documents including copies of public notices and appropriate proof of publication, if applicable; and\n(9) Grant determination, if applicable.\n(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.","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER XVII—RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE","PART 1780—WATER AND WASTE LOANS AND GRANTS","Subpart B—Loan and Grant Application Processing"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"4f4bc5a291c8b2516224ffdfea3e64f8b93ffed0eac801069f55702298d8b0a2","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-1780.40","next":"us/7-cfr-1780.42"},"notice":"GroundRules: Original legal text. Not legal advice."}