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Loan recipient definition

Loan recipient means an eligible entity that has received a loan under the program.
Loan recipient means an eligible entity that has received a loan from any of the revolving loan funds.
Loan recipient means either the person or Business who has obtained a loan from the Board, or a representative of that person or Business.

Examples of Loan recipient in a sentence

  • Phone ( ) My signature certifies that I agree to the terms of the Promissory Note as summarized on the back of this form, and I am willing to enter into such an agreement if I am chosen as a SC Teachers Loan or Career Changers Loan recipient.

  • Loan recipient will be contacted by HEDRA staff requesting the account is brought current.

  • However, when extenuating cir- cumstances exist and the Community Disaster Loan recipient demonstrates an inability to repay the loan within the initial 10 years, but agrees to repay such loan over an extended period of time, additional time may be provided for loan repayment.

  • Loan recipient draw requests will be funded with 100% federal funds until federal funds are no longer available.

  • Once the Cashflow Loan recipient has demonstrated to the Department that it has expended the Initial Loan Amount and 75 percent of the Second Loan Amount, then the Department will make the remaining amount available to the Cashflow Loan recipient.If the Cashflow Loan recipient is processing a payment (payfile) with assigned state Cashflow Loan dollars immediately prior to federal reallocation funds being made available, that payfile may proceed.


More Definitions of Loan recipient

Loan recipient means a state, local, or other governmental entity that owns diesel vehicles or equipment.
Loan recipient means the Charter School or Chartering Authority that has applied on behalf of a Charter School for which the Authority has approved and issued a loan through the Program.
Loan recipient means an eligible entity that has
Loan recipient means an entity or individual which has received a loan from the public bank.
Loan recipient means the eligible organization that has applied for and received financial assistance under the LAP.
Loan recipient means a Nondesignated Public Hospital that has been approved to receive a loan.
Loan recipient means a Nondesignated Public Hospital that has been approved to receive a Program loan from the Program.