The applicant must present to the lender the information necessary to determine if the applicant is eligible and qualified to receive a loan guarantee under the program. Such information will include the following:
  (1) the application checklist form for the program provided by the Authority;
  (2) the plan, as submitted to the lender, for the applicant's proposed farm, ranch, or agriculture-related business to be financed, including a budget for the proposed operation;
  (3) a completed application for a loan from a commercial lender on which an eligible applicant has indicated how the loan proceeds will be used to implement the applicant's plan; and
  (4) the signed statement of a loan officer of the commercial lender that a loan guarantee is requested for approval of the loan application.

Source Note: The provisions of this §28.27 adopted to be effective September 1, 2009, 34 TexReg 5902