7 C.F.R. § 1744.63

The telephone loan budget.

Last amended: 2016Year: 2026Length: 50 wordsOfficial source

Cite as 7 C.F.R. § 1744.63 (2026)

When the loan is made, RUS provides the borrower a Telephone Loan Budget, RUS Form 493. This budget divides the loan into budget accounts such as “Engineering.” When a contract or other document is approved by RUS, funds are encumbered from the appropriate budget account. See 7 CFR part 1753.
7 C.F.R. § 1744.63: The telephone loan budget. | Justis AI