legal · go-v.org

Loan uses.

CFR · 2024-01-01 · US · Title 7

Loan funds may be used for any of the following purposes related to the production or marketing of apples: (a) Payment of costs associated with reorganizing a farm to improve its profitability; (b) Payment of annual farm operating expenses; (c) Purchase of farm equipment or fixtures; (d) Acquiring, enlarging, or leasing a farm; (e) Making capital improvements to a farm; (f) Refinancing indebtedness; (g) Purchase of cooperative stock for credit, production, processing or marketing purposes; or (h) Payment of loan closing costs.

official document · source cfr-2024 · id 7:§ 773.7