Exact(60)
Routinely, the holder of the second loan gets nothing.
Beckham is on his second loan to A.C. Milan from Major League Soccer's Los Angeles Galaxy.
Recently, Wells Fargo told him that it completely forgave his second loan.
Government officials say the prospects for a second loan were never good.
An Energy Department spokesman said on Wednesday that Solyndra's second loan application did not go far.
Another $1,000 can go toward a second loan, if there is one.
The partners are also negotiating the terms of a second loan on the property.
Nearly half of the borrowers, however, took out a simultaneous second loan.
So he had to take out a second loan to make ends meet until payday.
Energy officials say Chu was not involved in the second loan.
The second loan is backed by a bank and various foundations involved with the program.
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