Making Application for Loan: You are submitting and offering this Application, including all attached documents, as evidence that my business meets the eligibility criteria for this loan.

• All documents submitted with this Application were generated or collected by me or for me and are the original or exact duplicate of the original.
• All facts set forth in this Application, including all facts reflected in the documents attached to this Application, are true and correct.
• You certify you have received and reviewed the Ogden City Loan Program Guidelines (also available at ogdenbic.com or through links found within the "Requirements" section in this application).

Privacy Act Notice: This information is to be used by the agency collecting it or its assignees in determining whether you qualify as a prospective borrower under its program.  It will not be disclosed outside the agency except as required and permitted by law.  You do not have to provide this information, but if you do not your application for approval as a prospective borrower may be delayed or rejected.

Penalty for False or Fraudulent Statement: U.S.C. Title 18, Sec 1001, provides: Whoever, in any matter within the jurisdiction of any department or agency of the United States knowingly and willfully falsifies or makes any false, fictitious or fraudulent statements or representations, or makes or uses any false writing or document knowing the same to contain any false, fictitious or fraudulent statement or entry, shall be fined not more than $10,000 or imprisoned not more than five years or both. 
    
Authorization for Credit Check: You authorize Ogden City and/or any designated agent, affiliate, or assignee to investigate my/our personal and business financial credit history, check credit reports, verify bank accounts, employment, debts, mortgages, and all reasonable and necessary information to process a loan application.   The undersigned authorizes any person or consumer reporting agency to give you any information it may have on the undersigned.  Each of the undersigned authorizes you to answer questions about your credit experience with the undersigned.  The Undersigned, in applying for financial assistance from Ogden City recognizes that prior to receiving any financial assistance he or she will agree to comply with all federal, state and local laws and regulations to the extent that such are applicable.
    
Information Open to Public: That you are applying for a loan from a public government entity and that certain non-confidential parts of my application may be disclosed to the public as required by law, but that Ogden City will redact confidential personal information such as bank account numbers, social security numbers, and personal financial information where allowed by law.  All information submitted within may be subject to public disclosure under the Utah Government Records Access and Management Act.

Share “Success Story”: You agree that in an effort to bolster economic development in Ogden, the City may share my “success story” to the public such as posting the relationship on websites, being listed on construction signs, etc., but will not disclose confidential information. 

Loan Funding: That part or all of the loan funds will be provided by federal government entities such as Housing and Urban Development (HUD) including its Community Development Block Grant (CDBG) and will comply with HUD or other government agency required disclosures and agreements and have been provided a copy or access to such guidelines.

Loan Origination Fee: You agree to pay an origination fee up to 2% of the loan amount and that any other costs incurred by Ogden City for the purpose of processing and funding this loan will be deducted from the final loan proceeds, or at the applicant’s request and payment, will be collected upfront. Those costs include, but are not limited to a credit report, flood certificate, appraisal, inspection, recording fees, etc if the loan is approved.  

Equal Credit Employment Act: You agree to abide by equal employment opportunities and related laws.  The Federal Equal Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, (age (providing that the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act.  The Federal Agency that administrates compliance with this law concerning this creditor is the Federal Trade Commission Equal Credit Opportunity, Room 500, 633 Indiana Avenue, N.W., Washington DC 20580.

Job Creation Plan and Ongoing Monitoring: That within thirty (30) days of approval, I must provide a copy of a job creation plan, and/or community impact/blight reduction plan, including an agreement to hire or make available at least 51% of new jobs to low and moderate-income (LMI) earners, and will continue to provide any related job creation information, such as number and types of jobs created, job titles, employee names, hire dates, employee wages, and wages of employee’s household.

Demographic Monitoring Information: You are not required to furnish this information, but are encouraged to do so.  A lender may neither discriminate on the basis of this information, nor on whether you choose to furnish it.  However, if you choose not to furnish it, this lender may be required to note race and sex on the basis of visual observation or surname. These categories are determined by the OMB of the Federal Government.