MO 2-FLP Guide 21

(Rev. 1/14/2000)

LENDER'S LOAN ANALYSIS DOCUMENTATION

[See Par.265 of 2-FLP Handbook for Requirements]

[SEL and CLP Lenders ONLY]

Note: Information to be prepared at the end of the borrower's cash flow operating year.

Borrower's Name Tax ID #

Address

LOAN # 1 / LOAN # 2 / LOAN # 3 / LOAN # 4
Loan Type / FO/LN
OL/LN
OL/LOC / FO/LN
OL/LN
OL/LOC / FO/LN
OL/LN
OL/LOC / FO/LN
OL/LN
OL/LOC
FSA Loan # / #5____ / #5____ / #5____ / #5____
Lender Loan #
Original Loan Amount / $ / $ / $ / $
As of DATE / ___ /___ /___ / ___ /___ /___ / ___ /___ /___ / ___ /___ /___
Principal Balance / $ / $ / $ / $
Interest Balance / $ / $ / $ / $
Interest Rate / _____% / _____% / _____% / _____%
Payment Status / Current
Ahead
Behind / Current
Ahead
Behind / Current
Ahead
Behind / Current
Ahead
Behind
If Ahead or Behind Schedule
$ Amount Behind/Ahead / $ / $ / $ / $
Next Payment Due Date / ___ /___ /___ / ___ /___ /___ / ___ /___ /___ / ___ /___ /___
Loan secured by / chattels
real estate
both / chattels
real estate
both / chattels
real estate
both / chattels
real estate
both
Is this loan adequately secured? / Yes
No / Yes
No / Yes
No / Yes
No
  1. Financial Statement Information as of ___ /___ /___ OR see attached Balance Sheet

·  Amount of Total Debts Owed: $______

·  Amount of Total Assets Owned: $______

  1. Date of last security inspection made by lender: ___ /___ /___
  1. If this is a chattel type loan:

Yes No

·  Is all normal income security being properly accounted for

and resulting sales documented?

·  Is the basic security being maintained?

·  Is the sale of basic security property being properly accounted for?

·  Does it appear there is a reasonable chance for success?

  1. If there is any type of problem with the loan, what plans are you taking to correct the problem and/or collect the delinquency?
  1. Give a summary of the loan account and progress.

Prepared by: ______

(Name of Lender)

By:______

Title:______

Date: ___ /___ /___

Please submit this report to the Farm Loan Manager within 30 days from the end of the borrower’s cash flow operating year.

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