7 CFR § 1744.63 - The telephone loan budget.

---
identifier: "/us/cfr/t7/s1744.63"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1744.63 - The telephone loan budget."
title_number: 7
title_name: "Agriculture"
section_number: "1744.63"
section_name: "The telephone loan budget."
chapter_name: "RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "1744"
part_name: "POST-LOAN POLICIES AND PROCEDURES COMMON TO GUARANTEED AND INSURED TELEPHONE LOANS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 901  1921  and 6941"
regulatory_source: "55 FR 39396, Sept. 27, 1990, unless otherwise noted."
cfr_part: "1744"
---


# 1744.63 The telephone loan budget.

When the loan is made, RUS provides the borrower a Telephone Loan Budget, RUS Form 493. This budget divides the loan into budget accounts such as “Engineering.” When a contract or other document is approved by RUS, funds are encumbered from the appropriate budget account. See 7 CFR part 1753.