Skip to main content

Home

Go Search
Home
Loans & Grants
Environment
Water Management
Legal
Technical Resources
Public Information
About Us
  
Home > Frequently Asked Questions > Loan Repayment Process for a Water Project Loan  

Frequently Asked Questions: Loan Repayment Process for a Water Project Loan

Title

Loan Repayment Process for a Water Project Loan 

Program Area

Loans & Grants 

Specific Program

Water Project Loan Program 

CWCB Section

Finance 

Question

How will I know when to make my payments and what my loan balance is?

Answer

When the project is completed and the annual payment date established, the promissory note to the contract will be filled in with the date of your first payment and a copy sent to you. In the month prior to the payment due date, a reminder will be sent notifying you of the amount and date due. Upon receipt of your payment, a letter containing the principal and interest distribution along with the loan balance will be sent to you. Should you not receive a reminder, it is still your responsibility to make your annual payment in a timely manner.
Attachments
Created at 6/30/2010 3:13 PM  by System Account 
Last modified at 6/30/2010 3:13 PM  by System Account