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CITY OF BAILEY REVOLVING LOAN FUND Loan Reviewed by HEADWATERS REGIONAL FINANCE CORPORATION 403 4TH Street NW, P.O. Box 906 Beside, MN 56601 Telephone: (218) 4444732 Fax: (218) 4444722 Email: tfettig@hrdc.org BUSINESS
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Revolving loan fund 402 refers to a financial resource used by government agencies or organizations to provide loans to eligible borrowers, which are then repaid and recycled to fund future loans.
Entities that manage or utilize funds from a revolving loan fund program, such as state or local governments and nonprofits, are required to file revolving loan fund 402.
To fill out revolving loan fund 402, applicants must provide detailed information regarding the loans issued, borrower details, amount disbursed, repayments received, and any other required financial data.
The purpose of revolving loan fund 402 is to facilitate access to capital for borrowers while ensuring that funds are recycled and continue to support economic growth and development.
The report must include details about loan amounts, interest rates, borrower information, repayment status, and any transactions related to the fund.
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