The Blaine County Journal News-Opinion - We've Got The County Covered

Reminder to Submit 2018 Year End Financial Data for Supervised Credit


November 7, 2018

FSA Direct Loan borrowers are reminded of their responsibility (per loan closing conditions) to submit 2018 yearend financial data to their local FSA office. This includes the following:

• Year end or current balance sheet

• Profit and loss

• Complete copies of both corporate and personal tax returns of all entity members – many producers had extensions to file their returns from the disaster last year

• Proof of current insurance coverage on all assets pledged as security for the FSA loans.

FSA Direct Loans are considered a temporary source of credit that is available to producer...

For access to this article please sign in or subscribe.


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2020

Rendered 10/20/2020 16:51