Loans received or outstanding are reportable if they total. Putting some money into your limited company and wondering how to open your director's loan account?I'm wanting to add an interest component to a long term loan liability account. Applications are accepted from lenders through USDA local offices year-round. Interested borrowers should inquire about the program with their lender. Building financial confidence to support your dreams. Explore our Learn Center to brush up on your financial knowledge or learn more about our practices. USDA Rural Development's Section 502 Direct Loan Program provides a path to homeownership for low- and very-low-income families living in rural areas.