Notes to SEFA
All activity relating to the major and non-major programs are accounted for in the audited financial statements of Milestone, Inc.
The capital advance amount represents the total amount received in prior years. If Milestone Inc. and Subsidiaries do not meet certain compliance requirements for a period of 40 years, the balance plus accrued interest must be repaid.
Milestone, Inc. and Subsidiaries did not receive any non-cash assistance.
Milestone, Inc. and Subsidiaries did not receive any insurance assistance.
Milestone, Inc. has total federally insured notes payable outstanding of $5,416 at June 30, 2025. Details of the total notes payable outstanding are found in Note 1o of the footnotes to the consolidated financial statements of Milestone, Inc. as of June 30, 2025. Milestone, Inc. has no loan guarantees outstanding at June 30, 2025.