Key Questions Yes No Does the credit report identify any material derogatory information not previously discussed? . Does the lender have any concerns related to their review of the credit report? <<For each provide a narrative discussion on the topic describing the risk “yes” answer above, and how it will be mitigated.>> Other Business Concerns/232 Applications Key Questions Yes No Does the Principal identify any other business concerns? . Do any of the other business concerns have pending judgments; legal actions or suits; or, bankruptcy claims? N/A Do the credit reports on the 10% sampling of the other business concerns indicate any material derogatory information? N/A Does the Principal identify any other Section 232 or Section 232/223(f) loans on the Consolidated Certification Principal of Borrower (form – and Attachment 2 thereof? <<For each provide a narrative discussion on the topic describing the risk “yes” answer above, and how it will be mitigated. Example: Other Business Concerns: XXXXX identified XX other business concerns in addition to the borrower and the newly formed operator discussed in this narrative. The lender reviewed Dunn and Bradstreet credit reports for XX Other Business Concerns identified by XXXX. {Discuss each report}. No reports indicated derogatory information that would prohibit XXXXX participation in this loan transaction. Example: Other Section 232 Applications: XXXXX identified XX other Section 232 loan application {projects}. The applications were submitted XXX and closed in XXX. As this is – HUD-insured healthcare loan, no additional reviews are required>> only XXXXX’s Xth Financial Statements <<If the new borrower has sufficient financial strength, no review of a financials is principal’s required. If a review of the financials is required to support approval of the TPA, principal’s provide an analysis similar to the one provided for the new borrower, above. >>
Key Questions Yes No Does the credit report identify any material derogatory information not previously discussed? . Does the lender have any concerns related to their review of the credit report? <<For each “yes” answer above, provide a narrative discussion on the topic describing the risk and how it will be mitigated.>> Other Business Concerns/232 Applications Key Questions Yes No Does the Principal identify any other business concerns? . Do any of the other business concerns have pending judgments; legal actions or suits; or, bankruptcy claims? N/A Do the credit reports on the 10% sampling of the other business concerns indicate any material derogatory information? N/A Does the Principal identify any other Section 232 or Section 232/223(f) loans on the Consolidated Certification – Principal of Borrower (form and Attachment 2 thereof? <<For each “yes” answer above, provide a narrative discussion on the topic describing the risk and how it will be mitigated. Example: Other Business Concerns: XXXXX identified XX other business concerns in addition to the borrower and the newly formed operator discussed in this narrative. The lender reviewed Dunn and Bradstreet credit reports for XX Other Business Concerns identified by XXXX. {Discuss each report}. No reports indicated derogatory information that would prohibit XXXXX participation in this loan transaction. Example: Other Section 232 Applications: XXXXX identified XX other Section 232 loan application – {projects}. The applications were submitted XXX and closed in XXX. As this is only XXXXX’s Xth HUD-insured healthcare loan, no additional reviews are required>> Financial Statements <<If the new borrower has sufficient financial strength, no review of a principal’s financials is required. If a review of the principal’s financials is required to support approval of the TPA, provide an analysis similar to the one provided for the new borrower, above. >>
92266_ORCF.DOCX