to the National Appeals Staff. For guaranteed loans, both the lender and the applicant must request the appeal. Renewals: Applicants may reapply at any time. Applicants denied assistance through the appeal process must establish that substantial change has occurred, since the denial decision. ASSISTANCE CONSIDERATIONS: Formula and Matching Requirements: The selected criteria identify essential elements considered necessary to compare the needs of the various States, and to make the best use of available program funds. This program has no statutory formula or matching requirements. Length and Time Phasing of Assistance: Loans justified may be scheduled over a period up to 40 years. The interest rate for guaranteed loans is negotiated between the lender and borrower. POST ASSISTANCE REQUIREMENTS: Reports: Not applicable. Audits: Not applicable. Records: Not applicable. FINANCIAL INFORMATION: Account Identification: 12-4140-0-3-351; 12-1140-0-1-351. Obligations: (Direct Loans) FY 99 $170,526,000; FY 00 est $150,000,000; and FY 01 est $150,000,000. (Guaranteed Loans) FY 99 $774,170,000; FY 00 est $1,000,000,000; and FY 01 est $1,000,000,000. Range and Average of Financial Assistance: Maximum direct $200,000, maximum guaranteed $717,000. Average direct $102,355, guaranteed $220,373. 424 PROGAM ACCOMPLISHMENTS: Loans are used to purchase, enlarge, and improve family farms. In fiscal
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