Borrower application requirements
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
(a) Requests for DBSA. To request DBSA:
(1) A borrower must submit a request for DBSA to the Agency in writing.
(2) All borrowers liable for the loan must sign the DBSA request.
(b) Required financial information. When requesting DBSA:
(1) The borrower must submit actual production, income, and expense records for the current and upcoming production cycle unless the Agency already has that information for the borrower.
(2) The borrower must provide any additional information requested by the Agency.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.