Fld Name / Instruction Item No. PART D Financial Statements for Individual or Entity Applicant – Individual applicants and entities will fill out this part. Entity members will provide their financial statement information on Part E. 1A Describe the projected farm income source (type of crop(s), livestock, etc). Income Description 1B Enter the projected annual dollar amount for each source. Amount 2 Enter the total dollar amount of projected annual farm income. Total Annual Farm Income 3A Describe the projected farm expenses. Expenses Description 3B Enter the projected annual dollar amount for each of the farm expenses listed Amount in 3A. 5 Subtract Item 4 from Item 2 above and enter dollar amount here. This is your Net Farm total projected net farm income. Income 6 Enter the dollar amount of total annual projected non-farm income (do not Total Annual include farm income in this estimate). Non-Farm Income 7 Enter the dollar amount of total projected annual family living expenses (do Total Annual not include farm expenses in this estimate). Family Living Expenses 8 Subtract Item 7 from Item 6 above and enter dollar amount here. This is your Net Non-Farm total projected net non-farm income. Income 9 Add Item 5 to Item 8 and enter dollar amount here. This is your total projected Net Total net annual income from farm and non-farm sources. Annual Income 10A Enter description of assets owned by applicant. Assets Description 10B Enter the dollar value of each asset listed. Value 11 Add the value of each asset listed in 10B above and enter the total dollar value Total Assets here.
Fld Name / Item No. Instruction PART D – Financial Statements for Individual or Entity Applicant Individual applicants and entities will fill out this part. Entity members will provide their financial statement information on Part E. 1A Income Description Describe the projected farm income source (type of crop(s), livestock, etc). 1B Amount Enter the projected annual dollar amount for each source. 2 Total Annual Farm Income Enter the total dollar amount of projected annual farm income. 3A Expenses Description Describe the projected farm expenses. 3B Amount Enter the projected annual dollar amount for each of the farm expenses listed in 3A. 5 Net Farm Income Subtract Item 4 from Item 2 above and enter dollar amount here. This is your total projected net farm income. 6 Total Annual Non-Farm Income Enter the dollar amount of total annual projected non-farm income (do not include farm income in this estimate). 7 Total Annual Family Living Expenses Enter the dollar amount of total projected annual family living expenses (do not include farm expenses in this estimate). 8 Net Non-Farm Income Subtract Item 7 from Item 6 above and enter dollar amount here. This is your total projected net non-farm income. 9 Net Total Annual Income Add Item 5 to Item 8 and enter dollar amount here. This is your total projected net annual income from farm and non-farm sources. 10A Assets Description Enter description of assets owned by applicant. 10B Value Enter the dollar value of each asset listed. 11 Total Assets Add the value of each asset listed in 10B above and enter the total dollar value here.
FSA_2330_Instructions_Microloan_Application.docx