NE Notice FLP 13-01
Exhibit A, Attachment 1
COUNTY OFFICE GUARANTEED LOAN CHECKLIST (SEL and CLP)
Borrower’s Name______Date______
Loan Type: _____ OL-Term Loan Amount ______
_____ OL-LOC Loan Amount ______
_____ FO Loan Amount ______Applicant meets 15-Year OL Term
_____ CL Loan Amount ______Limit Requirements
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I. ITEMS FOR COMPLETE APPLICATION II. APPLICATION PROCESSING (cont’d.)
ü * ______Narrative 3 ______In compliance with FSA programs, sod buster &
ü * ______FSA-2211 “Application for Guarantee” 3 swamp buster? (Can utilize FP subsidiary files)
ü * # ______Cash flow 3 ______If the applicant also has a direct loan, the cash flow and
ü * ______Entity information 5 balance sheet match the guaranteed loan information
ü * ______Financial Statement not over 90 days 3 ______No debt forgiveness direct/guar. (DLS Customer
ü * ______Description of farmland 3 Profile screen and GLS - View Loan screen) 3
______Proposed Loan Agreement (may include in narrative) 3 ______Current/past debts (DLS Customer Profile screen and
ü ______Credit Report 3 GLS - View Loan screen) 3
# ______Verification of Non-farm Income 3 ______Verification of FSA Program Payments, Financial
______Verification of Debts/Collateral 1 Inquiries – Customer Account Inquiry 3
# ______FSA-2002 “3 Yrs Financial Hist.”(Inc/Exp) or similar 3 ______Verification of Delinquent Federal Debts, Financial
^ # ______FSA-2003 “3 Yrs Production Hist.” or similar 3 Inquiries – Customer Account Inquiry 3
# ______Summary of Past 3 Yrs Balance Sheets Hist. 3 ______Source and Use Analysis 3
ü * ______Environmental Survey (if applic) 6 ***********************************************************
______Purchase Agreement (if applic) III. LOAN APPROVAL
______Development Plan (if applic) ______FSA-2231 “Request for Oblig. of Funds Guar. Loans 2
ü * ______APP + Co on SCIMS ______Loan Summary Narrative 3
ü * ______DLM – Establish Borrower Account ______GLS Obligation Request (copy in file) 2
ü * ______GLS – Borrower Maintenance ______FSA 1980-38 or FSA-2201”Lenders Agreement” Current,
ü * ______GLS - Obtain Borrower ID if new applicant signed and in Operational File
ü * ______GLS - Add App ______FSA-2232 “Conditional Commitment” & Attachment 2
ü * ______GLS - Add NAICS codes, integrators or contractors
ü * ______Conservation Plan (CL Program ONLY) ***********************************************************
ü * ______Transition Plan (CL Program ONLY, if applicable)
IV. LOAN CLOSING
Items required for a SEL loan request (including CL requests), unless the SEL
loan request is less than $125,000.00 Stage 1
ü only these items are required for a SEL request of $125,000 or less, including CL ______Approval letter par. 244 D 4
requests (on SEL requests of $125,000 or less, verification of debts only ______Lender acceptance FSA-2232 2
required when the debt will be a prior lien to the proposed guaranteed loan)
* items are required for a CLP request in any amount, including CL requests
^ Item not required in any CLP application or Lenders File Stage 2(After Closing/Lender returns)
# Items not required for a SEL and CLP STREAMLINE CL application
______FSA-2233 “Lender’s Certification”. 3
****************************************************** ______FSA-2236 “Guar. Loan Closing Report” 2
II. APPLICATION PROCESSING ______1 ½ percent Guar. Fee (if required)
______Guide Letter par. 97-B, Incomp app GLS-App Update 4 ______Copies of Prom. Note 2
______Guide Letter par. 97-D, Incomp app. GLS-App Update 4 ______Chattel appraisal (if applic) GLS-Add Review 1
______Guide Letter par. 95-B, Complt app. GLS-Stat. History 4 ______Real estate appraisal (if applic) 8
______NE Cert. Eligibility GLS-Stat. History 3 ______Appraisers qualification (if applic)
______Obtain “Producer Farm Data Report” 6 (Chattel pos. #1, real estate pos. #8)
______Obtain a copy of Business File 6 ______Administrative Review of Real Estate appraisal
______Obtain “Producer Subsidiary Print” 6 Form FSA-2165 - GLS-Add Review 8
______Has the Loan Officer attended items not required on CLP’s or SEL’s under $50,000 with
annual CLP Training (CLP only) a strong equity position
______Environmental Review (RD 1940-22) GLS Envir. Rev. 6
______Applicant __ is __ is not associated with Stage 3 or related to any FSA employee including
County Committee ______FLM issues FSA-2235 “Loan Guarantee” 2
______Nebraska Historical and Annual Performance ______FSA-2221 "IA Agreement" (if applicable) 2
Worksheet (SEL request over $125,000) 3 ______GLS - Add loan
______Obtain CAIVRS Report 3 ______Tally update
______GLS – APP update ______GLS – link related entities
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COMMENTS OR ADDITIONAL REQUIREMENTS:
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Docket completed and approved by: Reviewed before issuing loan guarantee by:
______
County Office Employee 2nd County Office Employee County Office Employee 2nd County Office Employee
(Optional) (Optional)
The original of this form to be placed on top of the application material in position 3.
10-10-12 (Note: for subsequent loans in the same operating cycle refer to 2-FLP, subparagraph 71 A.) Page 1