(a) The processing office will submit the following to the approval official:
(1) Form RD 1942-45, ``Project Summary'';
(2) Form RD 442-7, ``Operating Budget'';
(3) Form RD 442-3, ``Balance Sheet'' or a financial statement or audit that includes a balance sheet;
(4) Form RD 442-14, ``Association Project Fund Analysis'';
(5) ``Letter of Conditions'';
(6) Form RD 1942-46, ``Letter of Intent to Meet Conditions'';
(7) Form RD 1940-1, ``Request for Obligation of Funds'';
(8) Completed environmental review documents including copies of public notices and appropriate proof of publication, if applicable; and
(9) Grant determination, if applicable.
(b) Approval and applicant notification will be accomplished by mailing to the applicant on the obligation date a copy of Form RD 1940-1. The date the applicant is notified is also the date the interest rate at loan approval is established. [62 FR 33478, June 19, 1997, as amended at 63 FR 68655, Dec. 11, 1998]