USDA RD 4279-1 1997 free printable template
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Form4279-1 (Rev. 4-97) FORM APPROVED OMB No. 0570-0017 Position 3 UNITED STATES DEPARTMENT OF AGRICULTURE RURAL BUSINESS-COOPERATIVE SERVICE APPLICATION FOR LOAN GUARANTEE (Business and Industry)
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How to fill out USDA RD 4279-1
How to fill out USDA RD 4279-1
01
Download the USDA RD 4279-1 form from the official USDA website.
02
Fill in the applicant's information in the designated fields, including name, address, and contact information.
03
Provide details about the entity applying for the loan, whether it's an individual, partnership, or corporation.
04
Specify the type and purpose of the loan, including project details.
05
List the amount of funds requested and provide a detailed budget for the project.
06
Include information regarding the proposed use of funds and a timeline for the project.
07
Attach required documentation such as financial statements, business plans, and relevant supporting documents.
08
Review the completed form for accuracy and completeness.
09
Submit the application form along with any additional required documents to your local USDA office.
Who needs USDA RD 4279-1?
01
Individuals or entities seeking financial assistance for rural development projects.
02
Businesses looking to improve or expand operations in rural areas.
03
Farmers or agricultural producers needing funding for projects that enhance rural infrastructure.
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How do I claim farm expenses on my taxes?
Use Schedule F (Form 1040) to report farm income and expenses. File it with Form 1040, 1040-SR, 1040-NR, 1041, or 1065. Your farming activity may subject you to state and local taxes and other requirements such as business licenses and fees. Check with your state and local governments for more information.
Are USDA program payments taxable?
Receiving funds from USDA through activities such as a conservation program payment or a disaster program is considered farm income that includes a tax liability for farm businesses.
What is a loan note guarantee?
The Loan Note Guarantee represents an obligation from the United States supported by full faith and credit on which it was issued. It is incontestable unless the Agency verifies fraud or misrepresentation by the lender in which they had knowledge of at the time the loan was made.
How do I get my payoff statement from USDA?
With a touch-tone telephone, call 1-800-414-1226, and select option #2 from the Main Menu, and select option #1 from the Payoff Information Menu. Through our Interactive Voice Response system you can request a Statement of Loan Balance be mailed to the homeowner of record.
Does USDA loan require tax returns?
USDA does not require an applicant to file a return for the current tax year if the IRS schedule/deadline for that tax year has not passed (i.e. prior to April 15th). Income and asset documents and verifications cannot be greater than 120 days old at time of loan closing.
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What is USDA RD 4279-1?
USDA RD 4279-1 is a form used by applicants seeking to obtain financial assistance from the Rural Development program of the U.S. Department of Agriculture. It pertains specifically to applications for guaranteed loans.
Who is required to file USDA RD 4279-1?
Individuals or entities applying for guaranteed loans through the USDA Rural Development program are required to file USDA RD 4279-1.
How to fill out USDA RD 4279-1?
To fill out USDA RD 4279-1, applicants must provide detailed information regarding their business, financial status, and proposed project. It is important to follow the instructions provided on the form carefully and ensure all required documentation is included.
What is the purpose of USDA RD 4279-1?
The purpose of USDA RD 4279-1 is to collect necessary information from applicants to assess their eligibility for financial assistance for rural development projects, specifically for guaranteed loans.
What information must be reported on USDA RD 4279-1?
Information required on USDA RD 4279-1 includes applicant details, business financials, project description, funding needs, and any supporting documentation that validates the application.
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