Title 7

PART 5001

Part 5001 - Guaranteed Loans

PART 5001 - GUARANTEED LOANS Authority:5 U.S.C. 301; 7 U.S.C. 1926(a); 7 U.S.C. 1932(a); and 7 U.S.C. 8107. Source:85 FR 42518, July 14, 2020, unless otherwise noted.

7:15.1.18.2.1.1SUBPART A
Subpart A - General Provisions
7:15.1.18.2.1.1.107.1SECTION 5001.1
   5001.1 General.
7:15.1.18.2.1.1.107.2SECTION 5001.2
   5001.2 Structure.
7:15.1.18.2.1.1.107.3SECTION 5001.3
   5001.3 Definitions.
7:15.1.18.2.1.1.107.4SECTION 5001.4
   5001.4 Exception authority.
7:15.1.18.2.1.1.107.5SECTION 5001.5
   5001.5 Appeal and review rights.
7:15.1.18.2.1.1.107.6SECTION 5001.6
   5001.6 General lender responsibilities.
7:15.1.18.2.1.1.107.7SECTION 5001.7
   5001.7 Agency's special initiatives.
7:15.1.18.2.1.1.107.8SECTION 5001.8
   5001.8 Approvals, regulations, and forms.
7:15.1.18.2.1.1.107.9SECTION 5001.9
   5001.9 Standards for financial information.
7:15.1.18.2.1.1.107.10SECTION 5001.10
   5001.10 Federal Register notices and amendments.
7:15.1.18.2.1.1.107.11SECTION 5001.11-5001.99
   5001.11-5001.99 [Reserved]
7:15.1.18.2.1.1.107.12SECTION 5001.100
   5001.100 OMB control number.
7:15.1.18.2.1.2SUBPART B
Subpart B - Eligibility Provisions
7:15.1.18.2.1.2.107.1SECTION 5001.101
   5001.101 Introduction
7:15.1.18.2.1.2.107.2SECTION 5001.102
   5001.102 Project eligibility - general.
7:15.1.18.2.1.2.107.3SECTION 5001.103
   5001.103 Eligible CF projects and requirements.
7:15.1.18.2.1.2.107.4SECTION 5001.104
   5001.104 Eligible WWD projects and requirements.
7:15.1.18.2.1.2.107.5SECTION 5001.105
   5001.105 Eligible B&I projects and requirements.
7:15.1.18.2.1.2.107.6SECTION 5001.106
   5001.106 Eligible REAP - Renewable Energy System (RES) projects and requirements.
7:15.1.18.2.1.2.107.7SECTION 5001.107
   5001.107 REAP - Energy Efficiency Improvement (EEI) projects and requirements.
7:15.1.18.2.1.2.107.8SECTION 5001.108
   5001.108 Eligible REAP - Energy Efficient Equipment and Systems (EEE) projects and requirements.
7:15.1.18.2.1.2.107.9SECTION 5001.109-5001.114
   5001.109-5001.114 [Reserved]
7:15.1.18.2.1.2.107.10SECTION 5001.115
   5001.115 Ineligible projects - general.
7:15.1.18.2.1.2.107.11SECTION 5001.116
   5001.116 Ineligible CF projects.
7:15.1.18.2.1.2.107.12SECTION 5001.117
   5001.117 Ineligible WWD projects
7:15.1.18.2.1.2.107.13SECTION 5001.118
   5001.118 Ineligible B&I projects
7:15.1.18.2.1.2.107.14SECTION 5001.119
   5001.119 Ineligible REAP projects.
7:15.1.18.2.1.2.107.15SECTION 5001.120
   5001.120 [Reserved]
7:15.1.18.2.1.2.107.16SECTION 5001.121
   5001.121 Eligible uses of loan funds.
7:15.1.18.2.1.2.107.17SECTION 5001.122
   5001.122 Ineligible uses of loan funds.
7:15.1.18.2.1.2.107.18SECTION 5001.123-5001.125
   5001.123-5001.125 [Reserved]
7:15.1.18.2.1.2.107.19SECTION 5001.126
   5001.126 Borrower eligibility.
7:15.1.18.2.1.2.107.20SECTION 5001.127
   5001.127 Borrower ineligibility conditions.
7:15.1.18.2.1.2.107.21SECTION 5001.128-5001.129
   5001.128-5001.129 [Reserved]
7:15.1.18.2.1.2.107.22SECTION 5001.130
   5001.130 Lender eligibility requirements.
7:15.1.18.2.1.2.107.23SECTION 5001.131
   5001.131 Lender's agreement.
7:15.1.18.2.1.2.107.24SECTION 5001.132
   5001.132 Maintenance of approved lender status.
7:15.1.18.2.1.2.107.25SECTION 5001.133-5001.139
   5001.133-5001.139 [Reserved]
7:15.1.18.2.1.2.107.26SECTION 5001.140
   5001.140 Cooperative stock/cooperative equity.
7:15.1.18.2.1.2.107.27SECTION 5001.141
   5001.141 New markets tax credits.
7:15.1.18.2.1.2.107.28SECTION 5001.142-5001.200
   5001.142-5001.200 [Reserved]
7:15.1.18.2.1.3SUBPART C
Subpart C - Orgination Provisions
7:15.1.18.2.1.3.107.1SECTION 5001.201
   5001.201 General origination requirements.
7:15.1.18.2.1.3.107.2SECTION 5001.202
   5001.202 Lender's credit evaluation
7:15.1.18.2.1.3.107.3SECTION 5001.203
   5001.203 Appraisals.
7:15.1.18.2.1.3.107.4SECTION 5001.204
   5001.204 Personal, partnership, and corporate guarantees.
7:15.1.18.2.1.3.107.5SECTION 5001.205
   5001.205 General project monitoring requirements.
7:15.1.18.2.1.3.107.6SECTION 5001.206
   5001.206 Compliance with USDA Departmental Regulations, Policies, and other Federal laws.
7:15.1.18.2.1.3.107.7SECTION 5001.207
   5001.207 Environmental responsibilities.
7:15.1.18.2.1.3.107.8SECTION 5001.208
   5001.208 Conflicts of interest.
7:15.1.18.2.1.3.107.9SECTION 5001.209-5001.300
   5001.209-5001.300 [Reserved]
7:15.1.18.2.1.4SUBPART D
Subpart D - Guarantee Application Provisions
7:15.1.18.2.1.4.107.1SECTION 5001.301
   5001.301 Beginning the application process.
7:15.1.18.2.1.4.107.2SECTION 5001.302
   5001.302 Preliminary eligibility review.
7:15.1.18.2.1.4.107.3SECTION 5001.303
   5001.303 Applications for loan guarantee.
7:15.1.18.2.1.4.107.4SECTION 5001.304
   5001.304 Specific application requirements for CF projects.
7:15.1.18.2.1.4.107.5SECTION 5001.305
   5001.305 Specific application requirements for WWD projects.
7:15.1.18.2.1.4.107.6SECTION 5001.306
   5001.306 Specific application requirements for B&I projects.
7:15.1.18.2.1.4.107.7SECTION 5001.307
   5001.307 Specific application requirements for REAP projects.
7:15.1.18.2.1.4.107.8SECTION 5001.308-5001.314
   5001.308-5001.314 [Reserved]
7:15.1.18.2.1.4.107.9SECTION 5001.315
   5001.315 Application evaluation and award provisions.
7:15.1.18.2.1.4.107.10SECTION 5001.316
   5001.316 CF project priority point system and reservation of funds.
7:15.1.18.2.1.4.107.11SECTION 5001.317
   5001.317 WWD project priority points system.
7:15.1.18.2.1.4.107.12SECTION 5001.318
   5001.318 B&I project priority point system.
7:15.1.18.2.1.4.107.13SECTION 5001.319
   5001.319 REAP project priority point system.
7:15.1.18.2.1.4.107.14SECTION 5001.320-5001.400
   5001.320-5001.400 [Reserved]
7:15.1.18.2.1.4.107.15.10APPENDIX Appendix A
   Appendix A to Subpart D of Part 5001 - Feasibility Study Components
7:15.1.18.2.1.4.107.15.11APPENDIX Appendix B
   Appendix B to Subpart D of Part 5001 - Financial Feasibility Reports
7:15.1.18.2.1.4.107.15.12APPENDIX Appendix C
   Appendix C to Subpart D of Part 5001 - Technical Reports for Energy Efficiency Improvement (EEI) Projects With Total Project Costs of More Than $80,000
7:15.1.18.2.1.4.107.15.13APPENDIX Appendix D
   Appendix D to Subpart D of Part 5001 - Technical Reports for Renewable Energy System (RES) Projects With Total Project Costs of Less Than $200,000 but More Than $80,000
7:15.1.18.2.1.4.107.15.14APPENDIX Appendix E
   Appendix E to Subpart D of Part 5001 - Technical Reports for Renewable Energy System (RES) Projects With Total Project Costs of $200,000 and Greater
7:15.1.18.2.1.5SUBPART E
Subpart E - Loan and Guarantee Provisions
7:15.1.18.2.1.5.107SUBJGRP 107
   Loan Provisions
7:15.1.18.2.1.5.107.1SECTION 5001.401
   5001.401 Interest rate provisions.
7:15.1.18.2.1.5.107.2SECTION 5001.402
   5001.402 Term length, loan schedule, and repayment.
7:15.1.18.2.1.5.107.3SECTION 5001.403
   5001.403 Lender fees.
7:15.1.18.2.1.5.107.4SECTION 5001.404-5001.405
   5001.404-5001.405 [Reserved]
7:15.1.18.2.1.5.107.5SECTION 5001.406
   5001.406 Guaranteed loan amounts.
7:15.1.18.2.1.5.107.6SECTION 5001.407
   5001.407 Percentage of loan guarantee.
7:15.1.18.2.1.5.107.7SECTION 5001.408
   5001.408 Participation or assignment of guaranteed loan.
7:15.1.18.2.1.5.107.8SECTION 5001.409-5001.449
   5001.409-5001.449 [Reserved]
7:15.1.18.2.1.5.108SUBJGRP 108
   Guarantee Provisions
7:15.1.18.2.1.5.108.9SECTION 5001.450
   5001.450 General.
7:15.1.18.2.1.5.108.10SECTION 5001.451
   5001.451 Conditional commitment.
7:15.1.18.2.1.5.108.11SECTION 5001.452
   5001.452 Loan closing and conditions precedent to issuance of loan note guarantee.
7:15.1.18.2.1.5.108.12SECTION 5001.453
   5001.453 Issuance of the loan note guarantee.
7:15.1.18.2.1.5.108.13SECTION 5001.454
   5001.454 Guarantee fee.
7:15.1.18.2.1.5.108.14SECTION 5001.455
   5001.455 Periodic guarantee retention fee.
7:15.1.18.2.1.5.108.15SECTION 5001.456
   5001.456 Other fees.
7:15.1.18.2.1.5.108.16SECTION 5001.457
   5001.457 Changes prior to loan closing.
7:15.1.18.2.1.5.108.17SECTION 5001.458
   5001.458 Other Federal, State, and local requirements.
7:15.1.18.2.1.5.108.18SECTION 5001.459
   5001.459 Replacement of loan note guarantee and assignment guarantee agreement.
7:15.1.18.2.1.5.108.19SECTION 5001.460-5001.500
   5001.460-5001.500 [Reserved]
7:15.1.18.2.1.6SUBPART F
Subpart F - Servicing Provisions
7:15.1.18.2.1.6.109.1SECTION 5001.501
   5001.501 General.
7:15.1.18.2.1.6.109.2SECTION 5001.502
   5001.502 Oversight and monitoring.
7:15.1.18.2.1.6.109.3SECTION 5001.503
   5001.503 REAP RES or EEI project completion requirements.
7:15.1.18.2.1.6.109.4SECTION 5001.504
   5001.504 Financial reports.
7:15.1.18.2.1.6.109.5SECTION 5001.505
   5001.505 Collateral inspection and release.
7:15.1.18.2.1.6.109.6SECTION 5001.506
   5001.506 Loan transfers and assumptions.
7:15.1.18.2.1.6.109.7SECTION 5001.507
   5001.507 Lender transfer.
7:15.1.18.2.1.6.109.8SECTION 5001.508
   5001.508 Mergers.
7:15.1.18.2.1.6.109.9SECTION 5001.509
   5001.509 Servicing fees.
7:15.1.18.2.1.6.109.10SECTION 5001.510
   5001.510 Subordination of lien position.
7:15.1.18.2.1.6.109.11SECTION 5001.511
   5001.511 Repurchases from holders.
7:15.1.18.2.1.6.109.12SECTION 5001.512
   5001.512 Additional expenditures and loans.
7:15.1.18.2.1.6.109.13SECTION 5001.513
   5001.513 Interest rate changes.
7:15.1.18.2.1.6.109.14SECTION 5001.514
   5001.514 Lender failure.
7:15.1.18.2.1.6.109.15SECTION 5001.515
   5001.515 Default by borrower.
7:15.1.18.2.1.6.109.16SECTION 5001.516
   5001.516 Protective advances.
7:15.1.18.2.1.6.109.17SECTION 5001.517
   5001.517 Liquidation.
7:15.1.18.2.1.6.109.18SECTION 5001.518
   5001.518 [Reserved]
7:15.1.18.2.1.6.109.19SECTION 5001.519
   5001.519 Bankruptcy.
7:15.1.18.2.1.6.109.20SECTION 5001.520
   5001.520 Litigation.
7:15.1.18.2.1.6.109.21SECTION 5001.521
   5001.521 Loss calculations and payment.
7:15.1.18.2.1.6.109.22SECTION 5001.522
   5001.522 Future recovery.
7:15.1.18.2.1.6.109.23SECTION 5001.523
   5001.523 Property acquired by the lender.
7:15.1.18.2.1.6.109.24SECTION 5001.524
   5001.524 Termination of loan note guarantee.
7:15.1.18.2.1.6.109.25SECTION 5001.525-5001.600
   5001.525-5001.600 [Reserved]