| 1 | Open 3-8 Loan Draw Request. |
| 2 | Do one of the following: |
| a | Automatically create the loan draw application. |
| b | Manually create the loan draw application. |
| 3 | If you have issued change orders for the job, update the loan draw application to reflect the effects of the change orders. |
| 4 | Update the costs. |
| 5 | You can then adjust the amounts in the Current cells, or the percent of work completed in Percent Completed cells. |
| 6 | Calculate the project costs. |
| 7 | When you submit the loan draw application to the lender, do the following: |
| a | In the Submitted text box, enter the date you submitted the request. If you leave the Submitted text box blank, Sage 100 Contractor enters the current date for you. |
| b | On the Options menu, click Submit Application. |
| 8 | Prepare the next loan draw application. |