Farm Loan Programs - Direct Loan Making

Farm Loan Programs - Direct Loan Making

FSA2314INS_xx-xx-20V01

Farm Loan Programs - Direct Loan Making

OMB: 0560-0237

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FSA-2314 Date of Modification: proposal 1



STREAMLINED REQUEST FOR DIRECT OL ASSISTANCE


INSTRUCTIONS FOR PREPARATION

Purpose:

This form is used to obtain information from applicants applying for Streamlined OL Assistance.

Handbook Reference:

3-FLP, 4-FLP, 5,FLP and 6-FLP

Number of Copies:

Original only

Signatures Required:

Original by Individual applicant, entity members, or authorized Entity Representative

Distribution of Copies:

County Office Case File

ADPS/DLS/FBP/GLS Related Transactions (complete this field only when needed and provide only the information required, i.e. ADPS Transaction 3K): DLS


All applicants complete Parts A, B, and C. FSA completes Part D.


PART A - Applicant


Items 1 – 3 are completed by all applicants.


Fld Name /
Item No.

Instruction

1

Exact Full Legal Name

Enter the applicant’s exact full legal name and list all current business aliases.


2

Mailing Address

Enter applicant’s complete mailing address; not physical address. If operating as an entity, list where incorporated or otherwise registered.

3

Contact Info

Enter the applicant’s phones numbers and email address as applicable.

PART B – GENERAL INFORMATION


Items 1 – are completed by the applicant.

1

Loan Purpose

Select all that apply. Loan Staff will gather specifics during underwriting.

2

Loan Amount

Enter the amount of each type of operating loan being requested.

PART C – NOTIFICATIONS, CERTIFICATIONS AND ACKNOWLEDGEMENT


Items 1 – 6 are completed by all applicants.

1

Changes to the Operation

Check “YES”, if you have made significant changes to the operation since you submitted your last Annual OL. Insert of date of last OL application. If “YES”, provide details in Item 7, otherwise check “NO”.

2

Delinquent on Federal Debt

Check “YES”, if you or any member of the entity is delinquent on any federal debt (i.e. “Federal Debt” includes but is not limited to education loans, delinquent taxes, obligations at Natural Resources Conservation Service, obligations to FCIC, etc.). If “YES”, provide details in Item 7 otherwise check “NO”.

3

Pending Litigation

Check “YES”, if you or any member of the entity or the entity itself is involved in any pending litigation. If “YES”, provide details in Item 7 otherwise check “NO”.

4

Bankruptcy

Check “YES”, if you or any member of the entity has ever been in receivership, been discharged, or filed a petition for reorganization in bankruptcy. If “YES”, provide details in Item 7, otherwise check “NO”.

5

Employee

Check “YES”, if you are an employee, related to an employee, or closely associated with an employee of the Farm Service Agency. If not, check “NO”. If “YES”, provide details in Item 7.

6

Change in Annual Income

Check “YES”, if there have been any changes to annual income for you or any member of the entity. If “YES”, provide details in Item 7, otherwise check “NO”.

7

Additional Answers

Provide explanations to any “YES” responses for Items 1 – 6. Use additional sheets if necessary.

8 – 15

Statements

Read statements and certifications in Items 8 – 15.

16A

Signature

Enter the signature of the individual applicant or the authorized entity representatives. For entity members, all members should sign individually in Items 16 - 19.

16B

Title/Relationship of the Individual Signing

Enter Title and or Relationship of the person signing the application.

16C

Date

Enter the date the applicant signed.

17A

Signature

Enter the signature of the entity member. For entity members, all members should sign individually in Items 16 - 19.

17B

Title/Relationship of the Individual Signing

Enter Title and or Relationship of the person signing the application.

17C

Date

Enter the date the applicant signed.

18A

Signature

Enter the signature of the entity member. For entity members, all members should sign individually in Items 16 - 19.

18B

Title/Relationship of the Individual Signing

Enter Title and or Relationship of the person signing the application.

18C

Date

Enter the date the applicant signed.

19A

Signature

Enter the signature of the entity member. For entity members, all members should sign individually in Items 16 - 19.

19B

Title/Relationship of the Individual Signing

Enter Title and or Relationship of the person signing the application.

19C

Date

Enter the date the applicant signed.

PART D – FSA USE ONLY


Items 1 – 5 completed by FSA.

1

Date Form

Received

Enter the date the FSA-2314 received in the Office.

2

Date Application Complete

Enter the date the application is considered complete.

3

Credit Report Fee

Enter the amount of the credit report fee.

4

Date Received

Enter the date the credit report fee is received.

5

Agency Official

Enter the name of the Agency Official receiving the application.


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File Typeapplication/vnd.openxmlformats-officedocument.wordprocessingml.document
AuthorAlita.Jordan
File Modified0000-00-00
File Created2021-11-19

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