Fld. Name/
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Instruction |
1 Applicant’s Name |
Enter applicant’s complete name. |
2 Co-Applicant’s Name |
Enter co-applicant’s complete name. |
3 Applicant’s Telephone Number |
Enter applicant’s home or business telephone number, including area code. |
4 Applicant’s Address |
Enter applicant’s complete mailing address, including physical address if different from mailing address. |
5 Applicant’s SSN or Tax ID Number |
Enter applicant’s social security number or tax ID number. |
6 Applicant’s Birth Date |
Enter applicant’s date of birth. |
7 Co-Applicant’s Birth Date |
Enter co-applicant’s date of birth. |
8 Co-Applicant’s Social Security Number |
Enter co-applicant’s social security number, or tax ID number. |
9 Total Number of Household Members |
Enter the total number of persons living in the applicant’s household. |
10 Type of Operation |
Select appropriate entity type that applies to the applicant. |
11 Acres Owned |
Enter total number of acres currently owned. |
12 Acres Rented |
Enter total number of acres currently rented. |
13 Marital Status |
Check the appropriate box for marital status. |
14 Have you or any member of the … |
Check "YES" if you or any member of the entity obtained a direct or guaranteed loan from FSA or other USDA agencies. If not, check "NO." |
15 If you answered “YES” … |
Check “YES” if you previously had an FSA direct or guaranteed loan that was paid in full. If you are currently an FSA direct or guaranteed loan borrower, check "NO" and enter active "borrower" in the space provided.
Check "NO" and provide an explanation if you previously had an FSA farm loan which:
settlement for a direct or guaranteed FSA loan, and/or
guaranteed loan.
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16 Have you or any member of the … |
Check “YES” if you or any member of the entity ever been in receivership, been discharged in bankruptcy, or filed for bankruptcy. Otherwise check “NO.” |
17 If “YES” … |
If you answered “YES” to item 16, provide details. |
18 Are you or any member of the … |
Check “YES” if you or any member of the entity delinquent on any debt to the U.S. Government. Otherwise check “NO.”
Debt to the United States Government includes but is not limited to education loans, obligations to the Commodity Credit Corporation, Natural Resources Conservation Service, Veterans Administration, FSA, Rural Housing Service or Federal Crop Insurance Corporation/Risk Management Agency.
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19 Are you … |
Check “YES” if you or the majority of members of the entity are citizens of the United States. Otherwise check “NO.”
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20 If “NO” … |
If you answered “NO” to item 19, "Check "YES" if you are a non-citizen national, or a qualified alien. Otherwise check "NO."
(Please provide documentation.) |
21 Are you a veteran? |
Check “YES” if you are a veteran and indicate branch and dates of service. If not, check “NO.” |
22 Are you an employee … |
Check “YES” if you are an employee, related to an employee, or an associate of an employee of the lender or FSA. Otherwise check “NO.” |
23 Are you farming or ranching now? |
If you are currently farming enter “YES” and indicate the number of years. If not, check "NO." The years counted should be years that you or any entity in which you were an owner, reported income or loss from farming to the Internal Revenue Service. If there is more than one applicant, the number should be the greatest number calculated for any one applicant. |
24 If you answered “NO” … |
If you answered “NO” to Item 23, but you have operated a farm in the past, list dates. The years counted should be years that you or any entity in which you were an owner, reported income or loss from farming to the Internal Revenue Service. If there is more than one applicant, the number should be the greatest number calculated for any one applicant. |
Fld. Name/
|
Instruction |
Certifications |
Please read the statements in this section carefully before signing. |
25A Applicant’s Signature |
Enter signature of applicant. |
25B Date |
Enter the current date the applicant signed. |
26A Co-Applicant’s Signature |
Enter signature of co-applicant, if applicable. |
26B Date |
Enter the current date the co-applicant signed the form. |
Fld. Name /
|
Instruction |
27 Purpose(s) Of Loan |
Enter purpose(s) of loan. |
28 Interest Rate |
Enter the rate of interest the loan applicant will be charged and check the appropriate box if the rate is “Fixed” or “Variable.” |
29 Interest Assistance Requested |
Check “YES” if interest assistance is requested. Otherwise check “NO.” |
30 Repayment Period |
Enter the repayment period (years) for the loan requested. |
31 Loan Type |
Check the appropriate box for the type of loan the applicant is requesting. |
32 Loan Amount or LOC Ceiling |
Enter the amount of loan request or the line-of-credit (LOC) ceiling. |
Fld. Name/
|
Instruction |
33-36 |
Enter specific security information for each field.
Example:
OL Request for Guarantee
Item Description Lien Position Est. Value Amount of Prior Lien Collateral Value Crops 1st $ 96,000 $0 $ 96,000 Machinery 2nd $ 82,000 $50,000 $ 32,000 Beef Calves 1st $200,000 $0 $200,000 Totals $378,000 $50,000 $328,000
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Fld. Name/
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Instruction |
37-41 Environmental Information |
Lenders shall carefully consider questions 37 through 41 and respond with the appropriate answers for the farm operation proposed for loan guarantee by FSA. If the lender has questions regarding these issues the FSA Farm Loan Manager at the local USDA Service Center should be contacted for assistance.
Lenders have to do site visit to operation and conduct environmental reviews as applicable. |
37 Floodplains |
Check “YES” if the real estate is located within the 100-year floodplain. Otherwise check “NO.” If “YES” please provide an explanation and attach it to this form. |
38 State Water Quality Standards |
Check “YES” if the operation may violate State Water Quality Standards. Otherwise check “NO.” If “YES” please provide an explanation and attach it to this form. |
39 Historical and Archaeological Sites |
Check “YES” if the operation may violate State Water Quality Standards. Otherwise check “NO.” If “YES” please provide an explanation and attach it to this form. |
40 Wetlands and HEL |
Check “YES” if loan funds will effect any Wetlands and Highly Erodible Land. Otherwise check “NO.” If “YES” please provide an explanation and attach it to this form. |
41 Hazardous Substances |
Check “YES” if lenders have to do site visit to the operation and conduct environmental reviews as applicable. Otherwise check “NO.” If “YES” provide an explanation and attach it to this form. |
Fld. Name/
|
Instruction |
42 Lender's Name, Address, & Telephone Number |
Enter Lender's name, complete mailing address with zip code and Telephone Number with area code. |
43A Official’s Name |
Enter name of the official authorized to execute official binding documents on the lender’s behalf. |
43B Official's Title |
Enter title of the official authorized to execute official binding documents on the lender’s behalf |
44A Official’s Signature |
Enter the signature of the official whose name/title appears in Item 43 and the date the application was signed. The lender should promptly submit the completed application to FSA for consideration.
If you are mailing or faxing this form, print the form and manually enter your signature. If this form is approved for electronic transmission and you have established credentials with FSA to submit forms electronically, use the buttons provided on the form for transmitting the form to the USDA servicing office. |
44B Date |
Enter the date the application was signed. |
Fld. Name/
|
Instruction |
45 Ethnicity |
Check the appropriate box indicating your ethnicity. |
46 Race |
Check the appropriate box or boxes indicating your race. |
47 Gender |
Check the appropriate box indicating your gender. |
File Type | application/msword |
File Title | Instructions for FSA1980-0028 |
Author | BergerT |
Last Modified By | Maryann.ball |
File Modified | 2007-06-07 |
File Created | 2007-06-07 |