Completing a Loan Application

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Completing a Loan Application

• Colorado Agriculture Business

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You have invested 32000 in planting your crops
this year.
You have 2817 cash.
Farmer John bought Besse from you and still owes
you 900.
You have 57,600 worth of crops not harvested yet.
You have livestock that you could sell worth
128,042.
You have 4200 of livestock currently for sale.
You have feed and seed stored worth 2600
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You have a tractor worth 160,000
You have a disk worth 3500.
You have a combine worth 240,000
You have a semi worth 68,000. You owe the bank
15,000.
You have a tractor worth 18,000
You have a pick-up worth 36,500. You owe the
bank 18,000
You have a pick-up worth 38,500. You owe the
bank 17,500
You have a planter worth 4000
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You sold your corn, but your client still owes
you 12,000.
You own some other real estate worth 40,000 and
you still owe 21,000.
Your house is worth 142,000.
You owe 4200 in property taxes.
You have 85,500 worth of breeding livestock.
You have a 160,000 property, but you owe
120,000 to FCS.
You have other farm property that is worth
200,000 and you owe 40,000 on it.
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You buy 22700 worth of feeder pigs in October.
You help your neighbor plant his crop in May for
800.
In October you buy 4500 worth of lambs to feed
out.
You get paid 800 for working on your neighbors
dairy in January.
You help your neighbor build a new barn. He pays
you 900/month in February and March.
You pay your neighbor 1000 in October and 1100
in November to use his bull.
In October you buy 98,200 worth of calves to
feed out.
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You sold a second batch of spring calves for
40,000 in March.
You sold some cow/calf pairs for 7500 in
February.
You sold some old equipment for 26,150 in
February.
You sold two bulls for 6000 in February.
You had your annual prospect sale it made 24200
in March.
You sold some cow/calf pairs for 6300 in January.
You sold twenty weaner pigs for 2500 in February.
You sold your spring calves for 76300 in March.
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You sold some more pigs for 900 in May.
You sold first cutting alfalfa for 49700 in June.
You sold held over hay for 10,400 in March.
You sell hay for 700 in July.
You sold held over hay for 6000 in February.
You sell a steer to your family for 400 in
August.
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You sell hay for 46550 in September.
You help your neighbor paint his house for 800
in April.
You sell pumpkins out of you pumpkin patch for
800 in October.
You take cows to the sale barn and make 1830 in
December.
You sell the rest of your hay for 26000 in
November.
You sell lambs for 3500 in December.
You sell steers for 45270 in December.
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You pay 400 in December and 500 in January for
semen straws.
You have your fields sprayed in April for 3100.
You have it sprayed again in August for 2000.
You pay 700 in February and 500 in March to use
a friends bull.
You hire custom harvesters in July for 2400.
You apply pesticides and herbicides to your
crops. It cost you 2700 in April and 800 in
August.
You use a friends purebred Suffolk ram, it costs
you 200 in June and 200 in August.
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You buy chemicals in February for 500.
You buy 5000 of hay in May.
You buy hay for 15000 in February.
You buy corn silage for your cattle. It costs
you 5000 in January, February, April, May, June,
August, September and November.
You have a payment for 5200 in August and 2900
in November on a long term loan.
You buy 37,500 of silage in December.
You buy 10000 of hay in August.
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Your insurance payment of 2200 was due in May.
You fill up your gas tank in August and it costs
you 3000.
You hired a kid to help paint the barn for 200
in July.
You fill up your diesel tank again in December
and it costs you 2000.
Your hired hand gets paid 1500/month
You pay your forest service permit of 7800 in
two payments May and November.
You buy lime in December for 1900.
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Transmission went out of your tractor in
February, the repairs cost you 5200.
The water line breaks in July, it costs you 600
to repair.
Combine needs repaired in September, it costs you
1200.
You have a hydraulic line break, repairs cost
200 in April.
Your pickup broke down in October, the repairs
cost you 600.
Repairs to your tractor in May cost 400.
You have a water line freeze in November, the
cost to repair it was 400.
Semi needed repairs done in June the cost was
800.
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You get 200 of propane in January, February,
April, May, June, July, November and December.
You buy corn seed in March. The cost is 3100.
You pay your income tax in June for 1300.
You pay your cell phone bill of 100 in March,
April, May, June, September, October and December.
You pay your property taxes in December for 1200.
You pay 100 in June for miscellaneous utilities.
Your electric bill is 200 per month.
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You pay a 400 vet bill in February and June for
a total of 800.
You buy hay for 20000 in April.
You have a payment in August for 2000, September
for 2000 and November for 2200 on an
intermediate loan.
You fill up your diesel tank in April and it
costs you 5000.
You pay a vet bill for 1500 in October.
You buy hay for 2500 in November.
You pay a vet bill for 1600 in November.
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