An applicant must submit to the Agency a complete application in a format as required by the Agency in the Rural Broadband Access Loan and Loan Guarantee Program Application Guide (the Application Guide). To be considered complete, the application must contain at least the following items, each of which must be completed in a manner acceptable to the Agency:
(a) A completed RUS Form 532, including any additional items required by the form;
(b) Information required for the public notice to determine service area eligibility (see Sec. 1738.204);
(c) Documentation demonstrating how the applicant will meet the equity requirement (see Sec. 1738.207);
(d) A market survey, unless not required by Sec. 1738.209(b);
(e) A competitive analysis (see Sec. 1738.210);
(f) Required financial information (see Sec. 1738.211);
(g) A network design (see Sec. 1738.212);
(h) A legal opinion that addresses the applicant's ability to enter into a loan as requested in the loan application, to pledge security as required by the Agency, to describe all pending litigation matters, and such other requirements as are detailed in the Application Guide;
(i) All required licenses and regulatory approvals for the proposed operation or the status of obtaining these items; and
(j) Additional items that may be required by the Administrator through a notice in the Federal Register.