7 C.F.R. § 1744.63
The telephone loan budget.
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.