1737.41—Procedure for obtaining approval.
(a)
The borrower shall submit to the RUS Area Office a written request for approval of interim financing. This request shall include:
(ii)
The Loan Design (LD), or the portion thereof that covers the proposed construction if the completed LD is not available. See 7 CFR 1737.32.
(iii)
Evidence that the borrower has satisfied the requirements of 7 CFR part 1794 applying to the proposed interim construction.
(iv)
A statement that the borrower is or is not delinquent on any Federal debt, such as income tax obligations or a loan guarantee from another Federal agency. If delinquent, the reasons for the delinquency must be explained and RUS will take such explanation into consideration in deciding whether to approve the interim financing, see 7 CFR 1737.22(b)(9).
(v)
A “Certification Regarding Lobbying” for loans, or a “Statement for Loan Guarantees and Loan Insurance” for loan guarantees, and when required, an executed Standard Form LLL, “Disclosure of Lobbying Activities,” (see section 319, Pub. L. 101-121 (31 U.S.C. 1352 )).
(vi)
Executed copy of Form AD-1047, “Certification Regarding Debarment, Suspension, and Other Responsibility Matters—Primary Covered Transactions” (see appendix A to 7 CFR part 3017 ).
(c)
RUS will not approve a borrower's request for approval of interim financing if, in RUS's judgment:
(3)
The proposed interim financing presents unacceptable loan security risks to RUS, or otherwise is not in the best interests of RUS.
(Approved by the Office of Management and Budget under control number 0572-0079)