Notes to SEFA
The accompanying Schedule includes the Federal award activity of BCL under programs ofthe Federal government for the year ended June 30, 2025 and is recorded on the accrual basisof accounting. The information in this Schedule is presented in accordance with therequirements of the Uniform Guidance.
During the year ended June 30, 2025, BCL awarded $1,063,876 of new loans under the CDF1-ERP program. There were loans in the amount of $1,045,790 from this program outstandingas of June 30, 2025. The balance of the $1,600,008 was used for development services andoperations.