A Loan Agreement is a document between a borrower and lender that details a loan repayment schedule. A loan agreement is a legal document between a creditor who lends money to a borrower that is repaid with interest.A personal loan agreement can protect both you and the borrower when you lend money. Use our step-by-step guide for how to write a personal loan agreement. A personal loan agreement is a contract between two parties, generally a borrower and a lender. It outlines how much is borrowed, how it's repaid and more. This loan agreement can be used for any situation that requires a loan to be paid back over a specific amount of time. A loan agreement is a formal written contract used whenever money is borrowed. WHEREAS, federal law establishes federally funded programs for transportation improvements to implement its public purposes; and. Newly filed summary data may not appear for up to 48 hours.