Notes to SEFA
The Health System had the following loan balances outstanding at December 31, 2025: New loans disbursed of $538,478 and $411,152 under the NFLP and NSL programs, respectively, are included in the schedule of expenditures of federal awards for the year ended December 31, 2025. Administrative costs were $0 for 2025. For these loans, the Health System reports on the accompanying schedule of expenditures of federal awards and the Data Collection Form the loans outstanding at the beginning of the fiscal year, new loans disbursed during the fiscal year, and any administrative costs.