Application requirements.

CFR · 2024-01-01 · US · Title 10

(a) Applications for loans shall be filed, one original and three copies with: Department of Energy, Washington, DC 20585, Attention: Announcement No. DE-PS60-MI. (b) An application for a loan under this regulation must include the following information. Items described in paragraphs (b)(1) through (7) of this section may be submitted for preliminary review in advance of a specific loan request but must be updated at time of loan request to reflect substantial changes. (1) Applicant's name and address, with a description of the kind and size of its business, its business experience and its history as a minority business enterprise. (2) Financial statements of applicant and its principals, including source of revenue and balance sheets for the current year and, as to applicant, for the two preceding years of applicant's existence as a business entity. The Secretary may require applicant to provide certification by a public accountant, or other certification acceptable to the Secretary. (3) A description of any other Federal financial backing (direct loans, guaranteed loans, grants, etc.) applied for or obtained by the applicant within the previous five years, or expected to be applied for. (4) A description of applicant's management structure, with list of applicant's key persons with their responsibilities and qualifications. (i) In the case of a specific loan request this list should include any contractor or consultant whose services are proposed in connection with the bid

official document · source cfr-2024 · id 10:§ 800.101