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INSTRUCTIONS FOR USE OF US FORM 481 FINANCIAL REQUIREMENT STATEMENT (FRS) Revised as of March 2010 1 Borrower Designation ? The borrower enters US project number. 2 Statement Number ? The borrower

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What is rus form 481?

RUS Form 481 is a form used by the Rural Utilities Service (RUS) to collect financial and operational data from entities that have received financial assistance or loans from the RUS.

Who is required to file rus form 481?

Entities that have received financial assistance or loans from the Rural Utilities Service (RUS) are required to file RUS Form 481.

How to fill out rus form 481?

RUS Form 481 can be filled out manually or electronically. The form requires certain financial and operational data to be reported, such as balance sheets, income statements, and information on loan accounts and facilities. Detailed instructions for filling out the form can be found on the RUS website.

What is the purpose of rus form 481?

The purpose of RUS Form 481 is to collect financial and operational data from entities that have received financial assistance or loans from the Rural Utilities Service (RUS). This data is used for various purposes, such as monitoring the financial health of these entities and ensuring compliance with loan agreements.

What information must be reported on rus form 481?

RUS Form 481 requires entities to report various financial and operational information, including balance sheets, income statements, loan account balances, facilities information, and other relevant data. The specific requirements can be found in the instructions provided with the form.

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