Reminder to Submit 2018 Year End Financial Data for Supervised Credit

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 producers who do not...