Question: Unique Crafts Co . has a $ 2 MM loan with ABC Bank. It's May 2 4 th , and Unique Craft Co has

Unique Crafts Co. has a \$2MM loan with ABC Bank. It's May 24th, and Unique Craft Co has not made a payment since January 12th. Which of the following statements are true with respect to this scenario? Select all that apply.
Likeliness of full repayment has decreased considerably
The loan is likely to be reclassified as substandard or doubtful
The loan is now in "accrual" status
This loan is still considered "performing" as Unique Crafts Co. has not yet been delivered a breach letter
Unique Crafts Co . has a \ $ 2 MM loan with ABC

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